Sat, Apr 25, 2015
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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner