Sat, Aug 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

European stock-picking fund up 19% YTD, bets on small caps’ high cash level

Tuesday, April 08, 2014

amb
Jonathan Herbert
Benedicte Gravrand, Opalesque Geneva for New Managers:

Here is a European long/short equity fund that has been beating the odds since its 2008 inception by employing its own investment model, frequent company visits and a concentrated portfolio.

Cologny Advisors LLP’s Camox Fund was launched in February 2008, returned 4.7% that year, and has annualized 21% since inception with a volatility of almost 14%. It was up 3.7% in March, 18.7% YTD and it manages $90m.

The HFRX Equity Hedge Index was down -0.37% in March, 1.24% YTD. And the HFRX Western/Pan Europe Index is up 2.68% YTD (to Feb.)

An equity long/short hedge fund that uses fundamental research and a stock-picking strategy, the Camox Fund maintains a concentrated portfolio of stocks mainly across the European region.

Cash levels that are way too high Cologny’s Camox Fund is diversified across most sectors. Some of the current longs are in Swiss Financial and Technology, Swiss and French Consumer, Cyclical; and some of the shorts are in French and Dutch Consumer, Non-cyclical.

Jonathan Herbert, who launched the fund from Cologny’s London offices and who is its Managing Partner, told Opalesque the fund is focused on mid and small caps, wit......................

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. 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

  3. David Tepper says we're 'nowhere near an overheated' stock market[more]

    From Marketwatch.com: Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is "ridiculous." The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market's record run, notwithstanding la

  4. Opalesque Exclusive: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc

  5. Investing - Buffett's Berkshire Hathaway will not increase its Oncor offer, Travel-tilting hedge funds are investing in airlines and online travel agencies[more]

    Buffett's Berkshire Hathaway will not increase its Oncor offer From Reuters.com: The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase it