Neptune Investment Management is to launch the Neptune Global Long/Short Sector Fund on 1 November 2011 reported Hedgeweek, as the firm looks to leverage its sector research to full p
Neptune Investment Management is to launch the Neptune Global Long/Short Sector Fund on 1 November 2011 reported Hedgeweek, as the firm looks to leverage its sector research to full potential. The firm has traditionally operated in the long-only industry, offering a range of equity funds using its proprietary global sector research process. Now though, Neptune’s team will be able to go both long and short in sectors that are expected to over- or under-perform. Robin Geffen and Ted Alexander will co-manage the fund whose portfolio will be composed of 20 to 50 large and liquid stocks. Sector exposure will be determined by the positions of Neptune’s in-house global sector matrix and its long-only Global Equity Fund sector weighting (which Geffen also manages). An average 15 per cent exposure will be given to emerging markets in each sector.
