Marlin Global has reported a mixed performance for the June quarter.
The company's gross performance was up 6%, while the adjusted net asset value (NAV) return was 5.1%.
In comparison, the global benchmark was up 7.7%.
Marlin Global said the quarter was marked by volatility in global stock markets, which began in turmoil but ended with a strong recovery.
The company attributed the difficulty in predicting the impact of politics on stock markets to various events, including the implementation of tariffs by the US, military actions in Iran, and the release of disappointing US GDP data.
Marlin Global took advantage of the April sell-off to reposition its portfolio, adding to oversold tariff-impacted names and upgrading the quality of its holdings.
Nvidia, Netflix, and Microsoft were the top performers, while UnitedHealth and Icon were among the weaker stocks.
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