Visa (V) Continues to Capitalize on Digital Payments, Expands into High-Growth Areas

Meridian Funds, managed by ArrowMark Partners, released its “Meridian Hedged Equity Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The direction of interest rates, inflation, and the outcome of the US election all had a significant impact on the markets throughout the quarter. In the quarter, the fund appreciated 0.07% (net), trailing its benchmark, the S&P 500 Index, which returned 2.41%, and its secondary benchmark, the CBOE S&P 500 Buy/Write...