NVIDIA Corporation (NVDA) surged due to increased demand for AI products
In the Q1 2024 investor letter, Meridian Funds managed by ArrowMark Partners reported that risk assets continued to rise, accompanied by low market volatility. The Meridian Hedged Equity Fund appreciated 5.46% (net) in the quarter, which lagged behind the S&P 500 Index that returned 10.56%. The Fund also slightly lagged its secondary benchmark, the CBOE … Read more