|Fund Strategy||Equity Long / Short|
|Investment Advisor||Exane Asset Management|
|Portfolio Manager||Gilles Lenoir, Cesar Zeitouni|
|Fund AUM (GBP)||£32m|
|Fund AUM as of||30 September 2019|
|Fund Inception||27 September 2006|
AH Equity Long / Short UCITS Index
Sub Index - Equity Long / Short Conservative
The investment management objective of the fund is to return regular absolute performance which is decorrelated from the financial markets through dynamic "long/short equity" type fund management. Positions are concentrated primarily on the technology and telecommunications sectors in the broad sense.
The aim of voluntarily focusing on a specific segment of the economy is to enhance efficiency in the choice of investment themes and securities both in terms of long and short positions. However, unlike equity sector funds and because of the investment management technique used, the fund does not systematically have long exposure to the technology and/or telecommunications sectors.
Investment decisions are based on a cross analysis of the following approaches: "top down" scenario; transversal sector analysis; fundamental "bottom-up” approach; flow analysis. Quantitative decision-making tools may be used but final investment decisions are discretionary.