Opalesque Exclusive: Varus launches L/S European fund with a focus on German equities
Thursday, December 17, 2009
From the Opalesque Team:
Opalesque has learned that Zurich based investment advisor HSCA AG recently launched The Varus Fund, a long/short European equity fund. According to investor communications, since its September 2009 inception through month-end November, the Fund has returned +3.29%.
Fund co-portfolio managers and HSCA founding partners Stefan Heieck and Frank Siebrecht will maintain a strong focus on German equities with a regional portfolio breakdown that will focus approximately 70% on German equities and 30% on European equities.
The team will look to participate in expected economic growth in Germany as stron......................