Thu, Aug 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. Opalesque Exclusive: Algorithms platform aims to target typical challenges found in quantitative hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Last month, Quantopian received investments from Point72 Ventures, the new venture capital arm of Steven Cohen’s Point72 Asset Management.

  2. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  3. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  4. Opalesque Roundtable: Low and high fee investments often better than mid fee hedge funds[more]

    Komfie Manalo, Opalesque Asia: Hedge funds that charge the low and high fees stuff often provide better returns than "those sort of mid-fee investments", said Keith Haydon, chief investment officer of Man FRM. (Alternative) investment managers who charge high fees would often provide the most int

  5. Hedge fund investors pull $5.7 billion in July[more]

    From Bloomberg.com: Hedge funds suffered a third consecutive month of outflows in July as investors withdrew $5.7 billion, according to industry tracker Eurekahedge. Redemptions totaled $20.7 billion in the three months through July, with money managers betting on equities suffering $18.4 bill