Sun, Aug 20, 2017
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. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos

  5. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq