Sun, Sep 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Dalton to launch a European L/S Ucits fund on 01-Feb

Monday, January 11, 2010

From the Opalesque team:

Dalton Strategic Partnership LLP, an independent investment management firm in London, is to launch the Melchior Selected Trust European Fund (MSTEF) on 1st February, 2010.

Leonard Charlton, the head of the European equity team, will manage the MSTEF from its launch. This new UCITS III SICAV European equity long-short fund, domiciled in Luxembourg, will combine a fundamental approach to stock selection with an active trading overlay. The fund will follow an identical strategy to the existing fund (MEF) that Leonard has managed since November 2006. The MEF returned 6.26% in 2008 and 4.29% in 2009.

The MSTEF is designed to achieve absolute returns. It will invest (both long and short) primarily in large cap European companies which are liquid; investment positions are traded actively to benefit from shorter term stock price action and to reduce risk; it will maintain a low net exposure to equity markets and seldom employs leverage; its returns are expected to be uncorrelated with equity, bond or cash markets and to have a low correlation with other equity long/short funds. The projected AuM at launch is at $10m.

Dalton’s outlook on U.S. After almost two years of financial instability, the U.S. economy has now shown some steady improvements over the last months, highlighted by the ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Star names struggle as smaller hedge funds make hay[more]

    From eFinancialnews.com: Many big-name funds have been hit by sharp reversals in markets, including US government bonds and UK stocks, and have struggled to extricate themselves from positions that have gone bad. According to data group eVestment, hedge funds below $250 million in size are up 4.1% t

  2. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  3. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  4. Comment - ‘Gut feeling’ measurable in hedge fund traders, How hedge fund managers can use blockchain to maximize benefits[more]

    ‘Gut feeling’ measurable in hedge fund traders From Laboratoryequipment.com: “Gut feeling” is an intangible – an automatic hunch – based on prior experience for some people. But the “gut feeling” is actually a measurable response developed in professionals doing some high-risk work, acco

  5. Opalesque Exclusive: Modern investor tools (2): A platform that does the job for you[more]

    Benedicte Gravrand, Opalesque Geneva: A new series on technology providers that assist asset allocators. There is disruption in the investor part of the world of hedge funds, coming from platforms that can replace traditionally-run search and analysis. Here is one of them. L