Intercontinental Exchange (ICE): A High-Quality Compounder with Multiple Growth Drivers

Upslope Capital Management, an investment management company, released its third-quarter 2026 investor letter. The letter can be downloaded here. Upslope delivered solid absolute and strong relative performance in Q3, despite challenging conditions for defensive, value-oriented strategies. The Fund returned +2.2% in the quarter, versus -6.4% for the S&P Midcap 400 ETF and -1.7% for the HFRX Equity Hedge Index, primarily benefiting from MarketAxess’s announced acquisition. The Fund...