Auriel Teams With Inflection Point, Focuses On Sustainability

Sep 10 2012 | 11:55am ET

London-based long/short manager Auriel Capital has joined forces with Inflection Point Capital Management to create a joint venture that will focus on sustainability.

As part of the new joint venture—called Inflection Point Partners—the Auriel European Equity Fund, launched in 2007, has been renamed the Sustainable Absolute Return Fund. Under this new moniker, the fund will employ a systematic approach to trading liquid, pan-European equities in a long/short, beta and sector neutral portfolio.

Auriel says the fund will “provide a solution for investors who hold broadly diversified portfolios of European shares where ESG [Environmental, Social, Governance] issues are not being integrated into portfolio decision making. The fund targets 3-6% net return over cash with 6-8% volatility with low correlation.

IPCM founder Matthew Kiernan had previously run Innovest Strategic Value Advisors, an investment research firm sub-advising on $1.5 billion in “sustainability-enhanced” strategies. Prior to founding Innovest, Kiernan had served as director of the World Business Council for Sustainable Development in Geneva.

Larry Abele, chief executive for Auriel Capital, said in a statement: “Research into intangible valuation is often overlooked or viewed as too slow to be material.  We have found that sector specific research into the material issues facing Europe’s major corporations adds significant value. We are excited to be working with IPCM to enhance our fund with new unique sources of alpha.”

 


In Depth

Part II: Roubini Talks Risk, Recovery And The Threat Of A Triple Dip Recession

Oct 21 2014 | 12:41pm ET

In the second half of our interview with Nouriel Roubini, FINalternatives editor...

Lifestyle

Balyasny Pays Over $6M For Lakefront House

Oct 22 2014 | 10:29am ET

A venture headed by hedge fund manager Dmitry Balyasny just paid $6.2 million for...

Guest Contributor

Hedge Funds Weather A Data Management Perfect Storm

Oct 22 2014 | 12:28pm ET

From a regulatory standpoint, nearly every development since the crisis has placed...

 

Videos

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.