Neptune global long short fund officially shut

Neptune officially closed its Global Long/Short Fund when co-manager Ted Alexander left the firm in September.

Neptune global long short fund officially shut

|

As widely reported, the fund was closed following the departure of Ted Alexander, who left the firm for academia. 
 
The global long/short fund was started in 2011 with its then star manager Robin Geffen at the helm, and co-managed with Alexander. 
 
The Ucits compliant fund was launched to allow the group to use its sector research to its full potential by shorting sectors where the in-house view was bearish and adding additional gearing on sectors it thought would outperform. 
 
It was a small fund at the time of closing, with an AUM of about £187,450 at the time it was run down.
 
Neptune confirmed that the Neptune Global Long/Short Sector Fund has been closed as it regularly reviews its fund range to ensure it meets the requirements of investors.
 

MORE ARTICLES ON