Sun, Apr 19, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Alex Vaskevitch and Zenith High Yield Bond Fund Move to Serone Capital

Monday, January 30, 2012
Opalesque Industry Update - Serone Capital Management announces the appointment of Alex Vaskevitch as a Partner and the addition of the Zenith High Yield Bond Fund onto its platform. Alex will be primarily responsible for managing the firm’s liquid investments, building up the high yield research and execution team.

The Zenith fund focuses on investment opportunities in the European high yield corporate bond market, allocating to both sub-investment grade and stressed debt instruments. The investment process is based on a credit intensive, fundamental, bottom-up approach with a particular emphasis on the risk/reward ratio of each position and the management of the liquidity of the portfolio through nimbleness and efficient position sizing.

The fund will continue to be managed by Alex Vaskevitch, whom since taking over as fund manager in October 2008 has delivered to investors net returns in excess of 70%.

Alex will be fully integrated within Serone’s existing investment team. The combination of his high yield expertise with the Serone team’s credit experience will create numerous synergies and will prove beneficial to the fund’s investors. Alex’s focus on liquid credit investments is very complementary to Serone’s existing product offering of structured credit and distressed/NPL portfolios.

Serone believes that credit currently offers a very attractive risk/return profile compared to other asset classes, and is committed to offering its investors high quality asset management capabilities across the entire credit spectrum. Serone believes that European credit markets, and corporate high yield in particular are dislocated and sees tremendous investment opportunities in both the short and long term.

(press release)

Serone Capital Management LLP (“Serone”) is an asset management and advisory firm with a focus on European credit opportunities. Serone is authorised and regulated by the FSA since 2010. www.seronecapital.com


See our 2009 coverage of the Zenith High Yield Bond fund:
Opalesque Exclusive: LNG's credit fund up 32.4% YTD, managers believe high yield bonds will continue to be attractive asset class over medium and long-run Source

BG

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. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  2. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  3. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

  4. 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

  5. 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

 

banner