We are pleased to inform you that the Monetary Authority of Singapore granted Goku its capital markets license for fund management in early January.  This is a significant milestone for the firm, and we will continue to strengthen our compliance and operational infrastructure to better serve global investors.

December saw another consistent month of performance +1.3% for our market neutral strategy as the market continued to normalize from the volatility in October.  The vast majority of the fund’s returns came from pure alpha, and what was particularly pleasing was the growing contribution from single stock shorts as we improve on short execution.  We are seeing these positive trends continue in January and hold a favorable outlook for 2025.