Tue, Aug 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Absolute Return Partners launches UCITS III fund

Tuesday, February 01, 2011

Niels Jensen
Opalesque Industry Update - Absolute Return Partners LLP announces the launch of The Global Equity Alpha Fund, a sub fund of the Dublin domiciled Nemesis Fund PLC.

The Global Equity Alpha Fund is a UCITS III compliant hedged equity fund offering weekly liquidity and based on the StockR8 investment approach developed and tested over more than 15 years by Bjarne Jensen and his team at Stockrate Asset Management Stocks are selected using a fundamental screening process designed to identify companies with strong earnings, healthy balance sheets and a high degree of consistency in their financial performance.

The fund attempts to eliminate human error by not relying on sell-side research, valuation criteria, market timing and other discretionary elements. Using this approach, 50 stocks are invested in from a global universe of more than 35,000 companies. The Global Equity Alpha Fund is uniquely hedged using net long volatility instruments instead of shorting single stock or index positions.

Niels Jensen, Managing Partner at Absolute Return Partners, says:
“We are excited to launch The Global Equity Alpha Fund in conjunction with Nemesis and Stockrate.

Stockrate has been applying this investment strategy since early 2008, showing great results, and we are excited about the opportunity to present this unique investment approach to a wider audience. The collaboration with Nemesis allows the Global Equity Alpha Fund to lever the existing UCITS III structure managed by Nemesis, thereby reducing costs for our early investors”

Bjarne Jensen, founder of Stockrate Asset Management, says:
“For some time we have been looking for the appropriate partners to take our investment concept to investors outside Scandinavia. This is only the first step of a bigger plan, and we look forward to grow our franchise internationally.”

The Global Equity Alpha Fund is listed on the Irish Stock Exchange.

Source

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Commodities - Hedge funds pile into bullish bets on U.S. crude by most on record, Rig count steady, hedge funds dump short contracts on 63 million barrels, Hedge funds bail on Copper as Goldman predicts ‘supply storm’, Hedge funds pile up bets against sterling[more]

    Hedge funds pile into bullish bets on U.S. crude by most on record From BRecorder.com: Hedge funds and other speculators raised their bullish bets on US crude oil in the past week by the most on record fuelled by speculation that Organization of the Petroleum Exporting Countries will agr

  2. Investing - U.S. hedge fund Marathon makes Brexit bet on European property, Hedge funds love Liberty and John Malone, DE Shaw could bid for control over TerraForm Power, New York hedge fund increases stake in Tronc as sale talks continue, Don't wait too long to check this +20% value fund's ideas[more]

    U.S. hedge fund Marathon makes Brexit bet on European property From FT.com: Marathon, a $13bn US hedge fund, is building a big Brexit trade, increasing its investments in property across Ireland, France, Germany and the Netherlands, in a bet that they will be among the big beneficiaries

  3. The Big Picture: Water is single largest environmental investment opportunity[more]

    Benedicte Gravrand, Opalesque Geneva: Water, the world’s most precious and undervalued commodity, is set to lead the socially and environmentally responsible investment themes. This is according to specialist fund manager Thomas Schumann. His firm,

  4. Opalesque Exclusive: Investors struggle to identify the better performing hedge funds[more]

    Komfie Manalo, Opalesque Asia: Fund managers and investors believe that performance is one of the major factors driving change in the hedge fund industry, a Preqin survey showed in its latest Hedge Fund Spotlight. Preqin said that the disappoin

  5. …And Finally - Baby born on Cebu Pacific airplane gets 1 million air miles[more]

    From CNN.com: Here's one kid who'll probably learn to fly before she can crawl. After being born four hours into a flight from Dubai to Manila, baby girl Haven has been gifted 1 million air mile points. Haven's mom went into labor more than five weeks early while flying on an aircraft op