Three new Funds have commenced reporting this month, two focused on Asian Equities, the third on Global Macro trading strategies.
Pegasus Absolute Returns Fund
Pegasus uses fundamental and technical research to establish arbitrage and spread positions in physical and derivatives markets. The portfolio is managed by Andrew Lythgo who was formerly with Bankers Trust Australia and also a private trader (local) on the floor of the Sydney Futures Exchange. Pegasus's management include Russell Johnson, managing director of Sonray Capital Markets and Tony O'Grady formerly General Manager of NAB custodian services.
Kima Capital Pan Asian Long/ Short Fund
Kima is a multi-strategy Asian Long /Short Fund managed by Justin Klintberg. The Fund is targeting 15% returns with low volatility using Arbitrage, Event Driven and IPO/ Secondary Block strategies. The management team includes Michael Gallagher, formerly head of equities at RMB Australia and Nishant Narayanaswamy formerly with ANZ Investment Bank. Prior to starting Kima Capital, Justin spent 7 years with Marble Bar Asset Management managing Long / Short equities strategies.
QIC Asia Pacific Market Neutral Fund
QIC's Asia Pacific Market Neutral Fund uses a quantitative systematic investment process to select a diversified portfolio of Asian equities. The Fund has a mandate to select stocks from a very broad universe across the entire Asia Pacific region. The investment team includes Michiel Swaak, formerly a Founding member and Associate Director of Macquarie's MQ Asset Management , Joe Cole and Tim Sharp. The Fund has been seeded through QIC with AUD$20 million.
