Statements for January have now been uploaded to the client portal. In terms of trading activity and volatility, it was quite a slow start to the year. Given the performance of the broader markets last year, we anticipated a slow return of liquidity as market participants would be hesitant to commit capital in any serious fashion. This has caused a so called “vol crush” where volatility gets suppressed. However, the latter half of this month saw a pickup in activity which bodes well in the near term. Back at it next month.