Britannic Asset Management has launched the Britannic UK equity long short fund. The new fund is managed by Andrew Kelly and David Stevenson of Cartesian Capital Partners.
Jonathan Polin, sales and marketing director of Britannic Asset Management said: We’re delighted to be launching a second Cartesian fund. Andrew Kelly and David Stevenson have a proven track record in running hedge funds – Andrew formerly managed the Saltire hedge fund at SVM. This gives us another specialist high conviction product to take to market.
The overall objective and strategy of the fund is to provide a return using analysis management techniques developed by Mr Kelly to highlight investment opportunities.
Assets will primarily relate to UK companies and those listed or traded on the London Stock Exchange although I expect that the majority of the investments will relate to companies outside the FTSE 100 Index, Mr Kelly says.