Fri, Aug 23, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Proxy P rolls out three new energy funds

Friday, March 29, 2019

Bailey McCann, Opalesque New York for New Managers:

Swedish energy-focused asset manager Proxy P Management AB recently launched three long/short equity funds to complement its suite of long-only products. The funds - Proxy Long/Short Energy, Proxy Global Energy and Proxy Renewable Long/Short Energy, are designed to offer unique, concentrated exposures to the energy market.

Proxy Long/Short Energy invests in the full spectrum of energy companies using a fundamental discretionary trading strategy. Proxy Global Energy and Proxy Renewable Long/Short Energy, are long-biased funds that offer more limited exposures. Proxy Global Energy invests in oil and natural gas companies. Proxy Renewable Long/Short Energy invests in renewable energy and energy tech.

The management team, which includes Hans Berglund and Dan Linstrom first came together as proprietary energy traders at Fortum Generation, the Swedish energy utility company. Based on that experience, the team has created its energy strategies, which provide exposure to the energy market while aiming for low overall volatility in the portfolio.

For Proxy Long/Short Energy, the portfolio management team identifies its investment targets thematically, based on an assessment of macro factors that impact the energy market. "Our analysis always starts from the energy side of things," Dan Linstrom says in an interview with Opalesque New Man......................

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. Regulatory: Coming to America: US instigates major study into Mifid II[more]

    From IR Magazine: In the latest impact of Mifid II coming to America, a major investigation concentrating on research for small issuers has been successfully instigated by US politicians, on the back of the US coming closer to the European regulation. The US lower House of Congress, the House o

  2. Study: Quantitative investment strategies: Theory vs practice[more]

    From All About Alpha: When pitching an investment product with a backtested history the frequent response from potential investors is that they have never seen a bad backtest. Naturally this is true as there is no point in marketing a strategy with a poor backtest as investors have zero interest in

  3. 6 out of 10 investors seek to move assets from UK amid brewing of perfect storm[more]

    Opalesque Industry Update - Six out of 10 investors are now actively seeking to move assets out of Britain as a perfect storm looks set to hit the UK economy, reveals a new poll. The survey of more than 740 clients carried out by deVere Group, one of the world's largest independent financial

  4. Investing: Hedge funds take record short bets against Aston Martin, Investor sentiment reaching reversal point, says Lipper,It's time to buy into this long-suffering strategy, Investors, 'starved for returns,' flood private markets in search of high-growth opportunities[more]

    Hedge funds take record short bets against Aston Martin From FT: Hedge funds have taken record short positions in the debt and equity of Aston Martin, betting that the luxury carmaker will continue to struggle after one of the most disastrous stock market debuts of recent years.

  5. Crayhill Capital Management closes $100M transportation financing in Mexico[more]

    Bailey McCann, Opalesque New York: Private credit shop Crayhill Capital Management is providing a senior secured credit facility of up to $100 million to Mutuo Financiera, a vehicle fleet leasing company focused on clean energy passenger transportation in Mexico. Crayhill Capital Management is l