There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
The Aleph fund has a multistrategy approach, offering market neutral, relative value (for example: merger arbitrage and sub-trading) and volatility strategies.
Alongside the Aleph Fund is EIPÆs first fund, the $25 million EIP Overlay fund, which has a market neutral strategy abetted by a stock borrow arrangement from a sister index fund also run by EIP.
The target returns for the new fund are 15%-20% per year on a Sharpe Ratio of 1.5% to 2%.
The fund charges a 2% management fee and a 20% performance fee. The maximum leverage of the new fund is 500%, and the usual net exposure range is plus to minus 25%.
EIP will be increasing its portfolio management staff in the next few months, adding two more traders to bring its trade team up to six.
Service providers are Deutsche as prime broker and Citco as administrator.
Investors can still find spread premiums in niche private debt, with the asset class's prognosis looking strong, said a keynote speaker at AsianInvestor’s latest summit on Wednesday.
AsianInvestor details the second part of our marquee award winners for 2021, which includes the standout ESG adviser and also the asset manager of the year.
AsianInvestor reveals the first half of our marquee winners for this year's Asset Management awards, including best asset service provider and top alternative fund houses.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.