Mon, May 21, 2018
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. News Briefs - Warren Buffett: Target date funds aren't the way to go, Cambridge Analytica could be reborn under a different name[more]

    Warren Buffett: Target date funds aren't the way to go Planning for retirement can be complicated and stressful. This is why target date funds - funds that are managed based on when you expect to retire - are so attractive. Over time, the balance of stocks, bonds and cash evolve automati

  2. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  3. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven