Sun, Jan 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers April 2013

Profiles - Eschler AM, RDA Capital speak about their fund

Eschler Recovery Fund counts on endless stock picking opportunities in North America Theron de Ris

The Eschler Recovery Fund follows an equity long/short strategy with a long bias, managed by a small, independent equity fund manager called Eschler Asset Management LLP, based in London. It was launched in October 2012 and has returned almost 17% since then (to March).

The fund currently features in Opalesque's Emerging Managers (Emanagers) database.

"The strategy is focused on equities and the approach is bottom up, concentrated, and value-oriented," Eschler's founding partner, Theron de Ris explained to Opalesque. "My focus is primarily North America, though up to a-third of holdings may be outside North America (mostly in Europe)."

This strategy is consistent with his experience as he has been involved with US equities for 18 years and ran a fund for two years (2010-2011), which generated good results from its US equity exposure. But it is not only his experience that gives the strategy its geographical focus, he says, it is also the "endless opportunities" that can be found in the North American market.

He goes on to explain that the strategy is highly concentrated (usually five to 10 positions with a maximum of 15). Each position could either be a basket of stocks or a single company. "It is a conviction strategy," he says.

De Ris invests in two types of investments: "The first is companies with franchise qualities that for one reason or another are under a cloud or experiencing a temporary difficulty, but that have underlying asset value and strength in cash flow. The......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised