Monday, 24 October 2016
Last updated 2 days ago
Oct 18 2011 | 8:52am ET
Neptune Investment Management's Robin Geffen and Ted Alexander are set to helm the firm’s new global long/short fund.
The new vehicle is expected to launch in November, although few details have been made public. A spokesman for Neptune told CityWire, “Neptune intends to launch a global long/short sector fund. We are simply not in a position to make any further comment or confirm any other details at this time.”
The news source reports that Neptune founder Geffen will focus on global sector weightings while Alexander handles long and short positions.
Geffen, who is both CIO and managing director of Neptune, already runs nine funds, including the Neptune Global Alpha, China, Global Equity, Global Max Alpha, Russia and Greater Russia, Income and Quarterly Income funds. He has averaged returns of 12.6% for investors over the past three years.
Alexander manages the £25.5 million Neptune UK Equity fund which has returned 14.6% over three years.
Geffen, former chief investment officer of New York-based Orbitex Investments, established Neptune Investment Management in 2002 to take over Orbitex's UK operations.