In Public Markets, the FOCUS Carrier-Focused Telecom Technology Index (CFTTI) once again delivered both a positive return and handily outperformed the broader indices. For our spring reporting period, the CFTTI jumped an impressive 9.9%, while the S&P 500 gained only 0.9% and the NASDAQ gained only 2.8%. The CFTTI is also well ahead of the S&P 500 and NASDAQ over the last 12 months. The CFTTI is up 14.6% over the past year, while the S&P 500 and NASDAQ are up only 2.6% and 3.6%, respectively…

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