Tue, Mar 28, 2017
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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He