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

Skënderbeg’s fund of overlooked long/short equity hedge funds to launch next month

Monday, January 20, 2014

amb
Bruno J. Schneller
Benedicte Gravrand, Opalesque Geneva for New Managers:

Bruno Schneller, a former BrunnerInvest hedge fund manager who co-founded Skënderbeg Asset Management in Zurich last year, announced today that the investment adviser’s first product, a fund of hedge funds domiciled in Liechtenstein and called the Skënderbeg Fund, will be launched on February 1st with $10m of seed capital.

The fund will specialize in long/short equity strategies and will be invested in a concentrated portfolio of 10-15 small to mid-sized managers who are typically overlooked by larger shops. The investment philosophy of the fund, says Schneller, is "boring is good."

"Our niche is to find funds that are below the radar," Schneller adds in the annoucement. "Research proves that smaller hedge funds tend to perform better. One reason is that larger hedge funds may be impacted differently with regards to incentivisation and business growth. Our focus on smaller funds is a niche that is not covered to the same extent, because larger FoHF will tent to invest in bigger names. Our strategy also facilitates contact with managers and enables us to get full transparency."

Miranda Ademaj, the other co-founder of Skënderbeg, notes: "Long/short equity should see most demand among all hedge fund strategies. Many investors believe it is the strategy with the greatest potential to generate double digit returns going forward, especially if long/short equity managers......................

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: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New