Monday, 1 September 2014
Last updated 3 days ago
Jul 27 2007 | 2:03pm ET
London-based Sabre Fund Management is gearing up to launch an Asia ex-Japan equity long/short fund in October. The firm hopes to launch the Sabre Asian Absolute Return Fund with US$25 million.
Sabre’s new Asia-ex Japan offering focus, which include India and Australasia, will have a bias toward large- and mid-cap Asian companies. “Because of the growth potential we see in Asia, we will be long-biased, but if the economic cycle changes three or four years down the road, the fund may come back down to neutral or may end up going short,” said Simon Lovekin, co-portfolio manager.
“We see opportunities across the board and across the whole of the region. There’re a lot of good companies in Hong Kong, Singapore and Taiwan. The population has got a lot more money in their pockets and interest rates are coming down across the board, so people have gotten used to spending their money again.”
Lovekin, formerly with emerging manager shop MPC Investors, is co-managing the fund with Ian Hunter, who was most recently with Woori Investment & Securities.
The new fund charges 1.5% for management and 20% for performance, with a US$100,000 minimum investment requirement.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...