As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 16 hours ago
Feb 21 2012 | 1:25am ET
The former head of Sloane Robinson's European team is set to launch a hedge fund of his own.
Rupert Dyson has founded Edale Capital in London. The new firm will offer its maiden hedge fund, a European equity long/short vehicle, within a few months, Financial News reports.
The new fund will roll out with partner, family and friends' capital, although Dyson has already begun to market it beyond that limited circle, according to FN. Edale will employ a bottom-up, fundamental strategy.
"I think 2012 ought to be a better year for stock picking than 2011 as inter-stock correlations have declined and European Central Bank support has stabilised the banking sector for the foreseeable future, meaning investors are more willing to focus on bottom-up fundamentals in their investments," he told FN.
The new firm features another Sloane Robinson veteran, Gregoire du Mesnil, as assistant portfolio manager and Katie Wring, formerly of Altitude Investments, as CFO.
Dyson left Sloane Robinson in 2010 and began putting Edale together in September.