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Komfie Manalo, Opalesque Asia: London-based alternative asset manager Selwood Asset Management LLP marks its first anniversary since its launch in September last year with consistent positive performance and increase in AuM to above $350m.
Selwood AM was founded in 2015 by credit specialist Sofiane Gharred after 15 years in banking and investment management. He was joined by former colleagues, and in January 2016 Selwood brought in Malcolm Butler (ex-Citi and COMAC Capital) to build out the business. Tages Capital, one of the most active seed investors in Europe, seeded the fund.
Gharred, who is also the chief investment officer of Selwood AM, commented, "I have been trading credit for 15 years and Selwood’s strategy is one of the rare and truly alternative investment opportunities, offering liquidity, consistent returns, and low correlation to other asset classes. Our approach is very different from traditional long-short asset managers as the performance delivered to investors is less sensitive to market timing."
He said that the fund is focused on liquid Investment Grade Credit in Europe and North America. The strategy aims to maintain a market neutral profile while embedding tail hedge features against extreme market scenarios.
Selwood AM chief operating officer Butler said, "We are pleased to have the support of large institutional investors. Selwood AM is differentiated in both the strategy, and the sk...................... To view our full article Click here
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