INSIGHTS AT THE FOREFRONT: MARKET INTELLIGENCE FROM OUR CIO, MARK O. WITTEN Volatility and Corrections: The cryptocurrency markets experienced significant volatility in August, starting with a sharp decline due to broader financial instability triggered by the unwinding of the Yen carry trade. The month saw a mid-term recovery followed by a downturn after the arrest […]
Tag Archives: MARKET COMMENTARY
-
August Market Commentary
-
April 2024 Market Commentary
Welcome to this month’s edition of Portal Asset Management’s Market Commentary. This two-part series presents a dual analysis covering the broader economic spectrum and a focused evaluation of the digital token arena. Initiating the discourse, Mark O. Witten, CFA , our CIO, offers a Macro Economic overview, articulating the forces and trends influencing the financial […]
-
MARKET UPDATE: March Commentary
Welcome to this month’s edition of Portal Asset Management’s Market Commentary. In this two-part series, we present a dual analysis covering the broader economic spectrum and a focused evaluation of the digital token arena. Initiating the discourse, Mark Witten, our CIO, offers a Macro Economic overview, articulating the forces and trends influencing the financial world. […]
-
February 2024 Market Commentary
Market Update – Mark Witten CIO Cryptocurrency and Digital Assets (“Crypto Assets”) markets started the year decisively after the strong rally in Q3 2023 as investors continued to allocate enthusiastically to the space. Bitcoin (BTC) gained +44% in February and the market as represented by the CCI30 Index was up +35%. The Portal Digital Fund […]
-
January 2024 Market Performance
January: +1.0* January: -3.6% CCI 30: -6.6% CC130: -6.6% 2023: +49.25% 2023: +78.1% Since Inception: +163.9% Since Inception: +13.7% *The current month is an estimate based on the initial reporting of the various funds, subject to change once NAV is crystalised. BarclayHedge ranksPortal Asset Management# 1 Multi-Advisor for Net Returns 2023 January 2024 Commentary – […]
-
September 2023 Market Commentary and Performance
Portal Digital Fund Radiance Fund September: +0.1* September: +6.54% YTD: +3.7% YTD: +12.73% Since Inception: +81.7% Since Inception: -33.13% Download Full Performance Download Full Performance Market Commentary from Mark Witten, CIO Cryptocurrency and Digital Assets (“Crypto Assets”) markets remained challenging in September with continued low volatility driven by subdued retail participation. This has been compounded […]
-
August 2023 Market Commentary and Performance
Portal Digital Fund Radiance Fund August: -3.1* August: -14.96% YTD: +3.8% YTD: +4.73% Since Inception: +81.8% Since Inception: -33.13% Download Full Performance Download Full Performance Market Commentary from Mark Witten, CIO Bitcoin (BTC) lost -11.5% in August and the market as represented by the CCI30 Index was down -13.6%. The Portal Digital Fund finished August down -3.1% […]
-
July 2023 Market Commentary and Performance
Portal Digital Fund Radiance Fund July: -1.7%* July: +2.77% YTD: +7.5% YTD: +23.15% Since Inception: +88.2% Since Inception: -21.37% Download Full Performance Download Full Performance Market Commentary from Mark Witten, CIO July was another month of two tales, as the cryptocurrency and digital assets (“crypto assets”) market initially rose +10% in the first half of […]
-
June 2023 Market Commentary and Performance
Portal Digital Fund Horizon Index Fund Radiance Global Fund June: +0.7%* June: +1.8% June: +0.7% YTD: +9.1% YTD: +35.1% YTD: +21.1% Since Inception: +90.9% Since Inception: -60.9% Since Inception: -19.1% Download: Portal Digital Fund Performance Horizon Index Fund Performace Market Commentary from Mark Witten, CIO June was a volatile month, as the cryptocurrency and digital assets […]
-
May 2023 Market Commentary and Performance
Portal Digital Fund Horizon Index Fund Radiance Global Fund May: -3.8% May: -5.3% May: -6.9% YTD: +8.2% YTD: +32.8% YTD: +20.2% Since Inception: +89.4% Since Inception: -60.9% Since Inception: -19.1% Download: Portal Digital Fund Performance Horizon Index Fund Performance Radiance Fund Performance Market Commentary from Mark Witten, CIO May was a largely uneventful month, which […]