Financials Hedge Fund A Maybe At Knight Vinke

Jun 27 2011 | 3:10am ET

Knight Vinke Asset Management is mulling a hedge fund based on its research on financials.

The Monaco-based activist shop may launch a long/short global financials fund, a vehicle that would be its first foray into shorting equities, Financial News reports. Knight Vinke has been researching financial stocks since 2007, when it began its campaign against HSBC Holding.

HSBC remains Knight Vinke’s only public financial holding, although a source told FN that it has several smaller holdings that do not require public disclosure.

Knight Vinke said that “no decision has been taken to launch a fund.”

“The analysis of the banking industry, which Knight Vinke has developed over the past few years, has been much appreciated by many of the world’s largest institutional investors and regulators, and we have chosen to continue to maintain that database as a benefit to our clients,” a spokesman for the firm said.

According to FN, Knight Vinke deputy CEO Glen Suarez would manage the fund. The firm is reportedly sounding out potential investors.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of