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Showing 21 - 30 of 124 results for "Market neutral"

Melbourne hedge fund quietly folds

KANIKA SOOD  |  FRIDAY, 24 APR 2020
... division and backed by a family office is currently in the process of winding up. Qato Capital had three funds, in market neutral, long/short fund, and active share style. It was backed by single family office Larkfield Funds Management. It won a couple ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... Contango. Equus Point Capital was set up by Rob Stewart, formerly of CFSGAM and Challenger and Toby Masters. They ran a market neutral fund benchmarked to cash. It has returned -4.03% so far this financial year, to February end. Prodigy was an 80/20 ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... a range of investment strategies and backed by long-term capital, he added. The primary exposure will be to the market neutral strategy, a high conviction, fundamental strategy that seeks to maximise returns with moderate risk and little correlation ...

Watermark closes chapter on global equities

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
... global equity strategy exit and bid farewell to several directors. Watermark's Global Leaders Fund (WGF) and Market Neutral Fund (WMK) were removed from the ASX at the close of trade yesterday. The funds had about $72.8 million and $69.5 million ...

Mixed year for local market neutral funds

KANIKA SOOD  |  TUESDAY, 5 MAR 2019
Australian market neutral funds returned a disappointing -3.2% last year on average but the style still remains an important portfolio diversifier, according to Zenith head of equities Quan Nguyen. The -3.2% after fee returns are roughly in line with ...

Watermark pulls out of global equities

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... Watermark will now concentrate on two core strategies in Australian shares; one being equity long/short and the other market neutral. Watermark first began investing in global equities four years ago. Watermark chief investment officer Justin Braitling ...

ETFs attracting more money than LICs

KANIKA SOOD  |  MONDAY, 15 OCT 2018
... unconstrained resources strategy was rebooted as a LIC that led a $250 million IPO. Last month, former Macquarie market neutral managers launched Firetrail's, $304.5 million IPO. After all the product launches, the ASX now has double the number of ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... boutique's investment team is led by Patrick Hodgens, Blake Henricks and James Miller, who ran Maquarie's market neutral fund. The investment team and their associates will take up at least 500,000 shares ($1 million of the $304.5 million IPO) ...

New $500m boutique manager partnership

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
... boutique partnership with a manager helmed by former Challenger and Credit Suisse investors. Equus Point Capital is a market neutral strategy for Aussie equities that will target a return of 7.25% to 12.5% above the benchmark. The team has run the strategy ...

Former Macquarie equities team launches boutique

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
... currently running two funds: a high conviction fund with a concentrated portfolio of about 25 Australian equities and a market neutral absolute return fund. Firetrail brings the $35 billion Pinnacle Investment Management stable to nine affiliates. Pinnacle ...