SVM Plans Successor To Successful Long/Short Fund

Jan 21 2009 | 3:53am ET

Scottish money manager SVM Asset Management is aiming to capitalize on the success of its long/short Saltaire Fund, which posted a double-digit return last year.

Edinburgh-based SVM is seeking regulatory approval for its U.K. Absolute Alpha Fund. If approved by the Financial Services Authority, the new fund will be managed by Colin McLean, who also runs Saltaire. The existing fund returned 19.7% last year.

Absolute Alpha will be a UCITS III-compliant offering. Hector Kilpatrick will serve as its deputy fund manager.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

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

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...

 

From the current issue of