Hedge-House, the London asset management firm founded by hedge fund twins and former Ikos veterans Julian and Lucien Gover, has rolled out weekly investor liquidity for its Hormesis fund.
The fund, which launched in March 2009, is a short term capital protective global macro futures fund.
Year to date performance is three per cent on 2.3 per cent volatility.
Julian Gover says: “Weekly liquidity is a natural extension to the Hormesis profile given the fund’s highly liquid strategy. We are proud to offer a product that is highly liquid and transparent with robust risk management backed by a team who are all long standing hedge fund professionals.”
The fund is managed by Thierry Vignal, a 20 year veteran whose former shops include Commodities Corp. and Paribas Capital Markets.
The fund combines fundamental, quantitative and technical analysis with a short term trading approach governed by tight risk management to form a capital protective global macro strategy.
The fund trades only liquid listed instruments within the developed world. Global futures and options on futures are traded within four main asset classes: bonds equity indices, currencies and commodities.
The core futures strategy typically invests in up to eight diversified macro themes across 46 markets at any one time with average holding periods of seven to 14 days. Initial position sizes are typically between 25 per cent and 50 per cent of NAV, with stop losses implemented at trade inception of between 0.25 per cent and 0.50 per cent of fund NAV.
