Sabre To Launch Asia Long/Short Hedge Fund

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.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...