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Alluvium Asset Management Fund: Previous purchase of Robert Half (RHI) was a "mistake," but the recovery in the hiring market made it "less wrong."
Conventum – Alluvium Global Fund, managed by Alluvium Asset Management, stated in its Q2 2026 investor letter that its purchases of recruitment consulting firm Robert Half Inc. (NYSE:RHI) in May, August, and October 2025 were "mistakes," but are now "less wrong." The fund anticipates a slow recovery in the recruitment/outsourcing market, and Robert Half's recent performance seems to confirm this. The fund has not traded the stock, and its current position is 2.7%. Robert Half Inc. closed at $38.30 on September 15, down 12.03% over the past month and up 10.28% over the past 52 weeks.
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