Sub Index - Equity Long / Short Directional

Managers in this space are looking to maximise returns for their investors with relatively unconstrained, long-biased mandates (net exposure typically >50%). While there is still a focus on generating absolute returns, with managers having the ability to hedge exposures, volatility is it expected to be higher than the Conservative cohort of funds.

Strategy AUM
31 December 2023
£10.0b
-26.1% YoY

Performance

Monthly Returns

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2024 -0.3 1.9 1.6
2023 3.9 -1.2 0.1 -0.1 -1.5 1.5 1.8 -1.5 -1.4 -1.9 3.3 2.0 5.0
2022 -2.9 -1.6 -0.2 -1.6 0.1 -3.4 1.4 -0.5 -3.5 0.8 4.5 -0.7 -7.7
2021 -0.8 3.4 1.2 2.0 0.9 -0.3 -1.0 1.0 -0.7 1.3 -1.9 1.3 6.3
2020 -0.4 -3.2 -7.4 4.9 1.7 2.0 1.7 2.9 -1.1 -1.0 6.3 3.3 9.2
2019 3.2 1.0 0.5 1.6 -2.2 2.1 0.5 -0.9 -0.4 0.4 1.1 2.0 9.1
2018 2.6 -1.3 -1.2 0.5 0.8 -0.5 0.5 -0.7 -0.5 -4.5 -0.3 -3.3 -7.8
2017 1.7 0.8 0.9 0.6 1.6 0.1 1.4 0.9 0.5 1.7 0.2 0.8 11.7
2016 -3.9 -1.1 0.7 -0.5 0.9 -1.6 2.6 0.4 0.5 -0.5 -0.2 0.7 -2.3
2015 0.8 2.1 1.0 1.1 1.4 -1.5 0.4 -2.1 -1.5 1.8 0.2 -0.2 3.6
2014 -0.3 2.8 -1.2 -1.9 0.4 0.2 -0.6 1.4 -0.1 -0.2 1.7 0.2 2.3
2013 4.1 1.2 0.9 0.5 2.3 -2.1 3.0 -0.8 1.9 2.8 1.7 1.8 18.7
2012 2.7 3.3 -0.3 -0.5 -3.3 0.6 0.8 1.0 1.4 1.1 1.2 1.2 9.4
2011 -0.3 0.4 0.4 1.4 -0.8 -0.4 -0.5 -3.6 -4.4 3.9 -1.5 -0.1 -5.4
2010 -1.3 2.0 2.3 0.2 -1.9 -1.4 1.3 -0.1 4.9 1.7 0.3 2.9 11.3
Show all
  • Region Global
  • Currency Local Currency
  • Frequency Monthly Rebalancing
  • Methodology Equally Weighted
  • Download Index Return Series

Index Constituents

Filter by:
Name Inception Date Geography AUM AMC Perf. Fee Hurdle Min Inv. Liquidity MTD YTD 2023 1W 1M 3M 6M 1Y 2Y 3Y ISIN Liquidity Domicile Inv. Adviser Portfolio Manager UN PRI Signatory Companywide ESG Policy SFDR ESG Data Integration Active Ownership ESG Exclusion List Return Consistency
Percentile Rank
Performance
Percentile Rank
Diversifier
Percentile Rank
Downside Protection
Percentile Rank
Low Risk
Percentile Rank
WS Lancaster Absolute Return May 2009 Global £375m 0.75% 20% No 100,000 Daily 1.4 -7.8 3.2 2.7 2.1 -1.1 -8.3 8.6 6.4 GB00B55NGS86 Daily UK Lancaster Investment Manage... James Hanbury, Jamie Grimston No No Article 6 No N/A N/A 62 63 45 54 54
Westbeck Energy Transition UCITS Fund May 2023 Global £48m 1.50% 20% No 500,000 Daily 1.6 -0.8 1.4 1.7 -0.7 IE000EW86791 Daily Ireland Westbeck Capital Management... Will Smith No Yes Article 8 Yes N/A N/A
VT - Clear Peak Capital UK Long/Short Equity Jul 2019 UK £2m 0.75% 1,000 Daily -0.5 -5.9 0.9 4.2 -0.5 -3.1 -4.1 -1.7 -14.8 GB00BJXS2B80 Daily UK Clear Peak Capital LLP 1 6 88 92 9
Veritas China Oct 2009 Asia £18m 1.00% 20% MSCI AC Asia Pacific 50,000 Daily -2.9 -22.9 -1.1 0.5 -2.4 -11.8 -21.9 -20.3 -36.9 IE00B4QQGK12 Daily Ireland Veritas Asset Management Ezra Sun 0 1 92 49 1
Varenne Valeur Jan 2003 Global £1.2b 1.10% 15.0% Yes 3,000,000 Daily -8.8 0.0 3.0 -8.1 -2.6 20.8 25.7 LU2358392376 Daily France Varenne Capital Partners Giuseppe Perrone, Marco Sor... 42 75 30 14 31
Varenne Global Jan 2014 Global £296m 1.10% 15.0% 3,000,000 Daily -8.0 0.0 -5.0 -2.0 11.6 48.8 41.8 LU2358391725 Daily France Varenne Capital Partners Giuseppe Perrone, Marco Sor... 40 79 18 2 13
UBS Equity Opportunity Long Short Oct 2010 Europe £65m 0.75% 20% Daily 6.6 -11.6 0.4 -1.1 7.9 1.6 -2.7 -0.2 2.5 IE00B841P542 Daily Ireland UBS Asset Management Max Anderl, Jeremy Leung Article 6 59 9 60 68 13
U Access (IRL) Shannon River Oct 2019 US £37m 1.20% 20% 1,000,000 Daily 3.7 28.6 -0.1 0.7 3.6 16.1 21.6 17.2 4.4 IE00BKDRX971 Daily Ireland Shannon River Fund Manageme... Spencer Waxman 14 23 49 17 6
Sycomore L/S Opportunities Oct 2004 Europe £136m 1.00% 25% 4% Daily 0.1 4.6 0.8 2.7 0.1 5.0 3.5 -6.4 -13.0 FR0010473991 Daily France Sycomore Asset Management Gilles Sitbon 16 7 13 8 8
SWMC European Fund Nov 2011 Europe £46m 1.00% 20% 1,000,000 Daily 6.4 11.0 0.8 7.4 6.6 8.9 14.8 14.0 21.5 IE00B4LH9995 Daily Ireland S. W. Mitchell Capital Stuart Mitchell 44 87 21 7 27
SpesX - Energy Transition Liquid Opportunities Fund Sep 2023 Global 1.00% 15% No 100,000 Daily -7.2 2.5 3.9 -7.5 5.2 IE000AMQNGY9 Daily Ireland Fondo Italiano per l'Effici... Luca Moro Yes Yes Article 8 Yes Yes Yes
SEB Sissener Canopus Apr 2012 Europe £246m 1.10% 20% 1,000,000 Daily 3.5 5.5 1.1 5.0 3.4 6.5 15.4 16.9 19.6 LU0694232058 Daily Luxembourg Sissener AS Jan Petter Sissener, Bjorn ... 77 88 48 36 49
Seahawk Equity Long Short Fund May 2019 Global £63m 1.25% 15% 625,000 Daily LU1910828851 Daily Luxembourg Seahawk Investments Seahawk Article 6 83 100 48 53 49
Schroder GAIA Sirios US Equity Feb 2013 US £138m 1.50% 20% 500,000 Daily 7.8 12.4 0.1 2.3 7.8 12.4 20.9 19.7 26.9 LU0885728070 Daily Luxembourg Sirios Capital Management John F. Brennan, Jr. Article 6 65 83 25 22 67
Schroder GAIA SEG US Equity Dec 2011 US £265m 1.40% 20% 1,000,000 Weekly 10.7 7.5 0.4 3.3 9.9 26.7 22.1 14.6 18.8 LU2500368415 Weekly Luxembourg Select Equity Group, L.P. George S. Loening Article 6 28 63 18 6 17
Schroder GAIA Egerton Equity Nov 2009 Global £347m 1.25% 20% 500,000 Weekly 13.7 14.3 -0.1 3.4 13.5 18.8 31.4 19.0 21.6 LU0548375855 Weekly Luxembourg Egerton Capital John Armitage Article 6 29 53 16 6 17
Quadriga QSR Global Jul 2022 Global £5m 0.75% 0% No 0 Daily -13.7 7.7 1.2 1.3 -13.6 -13.7 -15.4 -3.7 -3.9 LU1919525458 Daily Luxembourg Quadriga Asset Managers Christian Thum No No Article 6 No N/A N/A 48 63 35 21 36
Quadriga AZ Total Return Feb 2012 Global £4m 0.50% 10% No 50,000 Daily 0.0 LU0725183734 Daily Luxembourg Quadriga Asset Managers Jose Maria Aznar, Christian... No No Article 6 No N/A N/A 59 61 27 35 46
Portland Hill Fund SICAV - ESG Catalyst Driven Strategy Sep 2014 Global £37m 1.50% 20% No 1,000,000 Daily 4.5 15.3 2.3 4.6 12.8 9.6 0.6 -14.9 LU1106978643 Daily Luxembourg Other Thierry Lucas No Yes Article 8 Yes Yes No 2 3 15 2 2
Platinum World Portfolios - Japan Fund Nov 2015 Japan £9m 1.40% 0% No 100,000 Daily -0.8 13.9 -1.8 -1.5 -0.8 8.7 8.6 3.4 -1.6 IE00BYRGRJ67 Daily Ireland Platinum Asset Management James Halse, Leon Rapp Yes Yes Article 6 Yes Yes N/A 20 50 6 3 12
Platinum World Portfolios - International Fund Nov 2015 Global £34m 1.40% 0% No 100,000 Daily 1.4 5.8 -0.6 3.7 1.2 8.4 5.2 6.3 -2.9 IE00BYRGQZ50 Daily Ireland Platinum Asset Management Andrew Clifford, Clay Smoli... Yes Yes Article 6 Yes Yes N/A 16 38 24 8 11
Platinum World Portfolios - Asia Fund Nov 2015 Asia £14m 0.75% 15% Yes 500,000 Daily 2.2 -1.0 -0.6 2.5 2.7 6.1 -0.3 -4.8 -21.9 IE00BYRGR522 Daily Ireland Platinum Asset Management Andrew Clifford & Cameron R... Yes Yes Article 6 Yes Yes N/A 1 2 46 9 2
Pictet TR - Corto Europe Apr 2010 Europe £467m 1.10% 20% Yes 1,000,000 Daily 2.8 1.4 0.1 1.4 2.8 3.6 3.4 1.0 5.2 LU0496442640 Daily Luxembourg Pictet Funds (Europe) S.A. Philippe Sarreau Yes Yes Article 6 Yes Yes Yes 62 41 76 58 80
Pictet Mandarin Oct 2010 Asia £448m 1.10% 20% Yes 1,000,000 Daily 2.1 3.4 -0.7 0.8 2.5 4.1 2.6 4.3 -10.9 LU0496443457 Daily Luxembourg Pictet Funds (Europe) S.A. Lan Wang Simond Yes Yes Article 6 Yes Yes Yes 22 6 70 37 10
Ox Capital Dynamic Asia Fund Nov 2022 Asia £81m 0.70% 15% No 0 Daily 3.3 -4.8 -1.1 4.8 3.5 7.8 0.4 IE000I5GPA28 Daily Ireland Ox Capital Management Dr Joseph Lai Yes Yes Article 8 Yes N/A N/A
Otus Maga Smaller Companies UCITS Fund Jan 2015 Europe £96m 1.75% 20% 100,000 Weekly 0.0 IE00BRCJDL54 Weekly Ireland Otus Capital Management Andrew Gibbs, Roberto Casoni 63 90 61 41 76
Neuberger Berman US Long Short Equity Feb 2014 US £154m 1.35% 2,500,000 Daily 1.6 13.3 -0.2 -0.1 1.6 7.7 12.0 9.2 10.7 IE00BJTCX997 Daily Ireland Neuberger Berman Charles Kantor Article 8 63 58 7 18 56
MontLake Virtuoso Jul 2020 Europe £8m 1.50% 20% 1,000,000 Daily 7.1 2.9 0.2 3.4 7.0 6.2 1.7 -9.0 -14.3 IE00BLDGJW61 Daily Ireland Virtuoso Advisory Aimone Beretta, Alberto Ma... 1 4 18 6 4
MontLake Disciplined Alpha U.S. Long Short UCITS Fund Jun 2020 US £2m 1.25% 20% 5,000,000 Daily 6.0 -20.6 0.3 6.1 5.0 -3.8 -16.7 10.9 IE00BLWDTQ26 Daily Ireland Disciplined Alpha LLC Kevin W. Shea 42 73 48 36 11
Moneta Long Short Dec 2006 Europe £316m 1.50% 20% Yes 10,000 Daily 0.9 6.0 0.1 0.6 0.9 2.7 5.4 3.0 5.5 FR0010400762 Daily France Moneta Asset Management Gregoire Uettwiller, Romain... 68 59 26 31 65
Man TargetRisk Global Equities Sep 2023 Global £21m 0.75% 0% No 1,000,000 Daily 3.9 0.4 1.9 5.3 4.9 2.7 17.9 16.8 IE00BRJT8355 Daily Ireland Man Group Plc Richard Barclay Yes Yes Article 8 Yes Yes N/A 56 57 86 79 35
Lumyna - Proxy P Energy Transition UCITS Fund Apr 2022 Global £22m 0.75% 20% 1,000,000 Daily -12.3 -12.1 1.0 5.4 -13.0 -9.4 -23.6 LU2420407590 Daily Luxembourg Proxy P Management AB Article 9
Liontrust GF Tortoise Fund Aug 2007 Global £4m 1.00% 20% Yes 500,000 Daily 2.6 9.6 0.5 2.0 2.6 5.8 5.8 24.4 28.1 IE00B3CQKZ16 Daily Ireland Majedie Asset Management Liontrust Yes Yes Article 6 No Yes N/A 88 98 82 90 61
Liontrust GF European Strategic Equity Feb 2012 Europe £95m 1.00% 20% 5,000,000 Daily 12.7 1.4 -1.0 2.2 13.0 12.9 15.0 23.7 60.9 IE00BLG2W007 Daily Ireland Liontrust Asset Management James Inglis-Jones, Samanth... Article 6 78 99 98 94 63
Levendi Thornbridge Defined Fund Jan 2018 Global £110m 0.60% 5,000,000 Daily 1.8 12.6 -0.2 1.1 1.8 5.8 10.2 15.8 21.1 IE00BYV3WJ85 Daily Ireland Levendi Investment Manageme... Thornbridge Investment Mana... 67 86 8 22 53
KLS Corinium Emerging Markets All Weather Apr 2017 Emerging Markets £36m 1.30% 0% No 100,000 Daily 0.2 -4.5 -1.4 0.0 0.0 6.8 1.0 -12.9 -18.3 IE00BYQ00780 Daily Ireland Kepler Partners LLP Ed Butchart Yes Yes Article 6 Yes Yes Yes 2 3 37 14 4
Kairos International SICAV - Key Jun 2013 Europe £70m 1.90% 3,000,000 Daily -1.4 11.9 1.4 1.9 -1.5 5.9 2.5 1.3 13.0 LU1135138532 Daily Luxembourg Kairos Partners Guido Brera, Oriana Bastian... 58 80 14 12 38
Kairos International SICAV - Italia Jun 2013 Europe £187m 1.90% 3,000,000 Daily 4.8 10.6 0.7 3.1 4.8 7.9 9.9 9.2 11.5 LU1135138375 Daily Luxembourg Kairos Partners Massimo Trabattoni, Vittori... 56 66 21 12 23
Kairos European Long/Short Jun 2016 Global £94m 1.50% 20% Daily 1.9 8.9 0.0 1.8 1.9 6.6 6.3 25.8 17.4 LU1420448380 Daily Luxembourg Kairos Partners Kairos Partners 60 80 43 38 33
Kairos ActivESG Nov 2019 Europe £81m 1.00% 20% 3,000,000 Daily 0.7 14.3 0.3 1.2 1.0 9.4 7.5 6.8 2.1 LU2058904249 Daily Luxembourg Kairos Partners Riccardo Valeri, Massimilia... Article 9 23 30 24 20 26
Jupiter UK Opportunities Sep 2011 UK £7m 0.75% 15% 100,000 Daily -0.1 5.9 0.3 0.1 -0.1 1.9 4.1 6.3 -0.4 GB00BBQ2T099 Daily UK Merian Global Investors Simon Murphy 43 29 27 44 55
Jupiter UK Dynamic Equity Jul 2009 UK £105m 1.00% 20% 100,000 Daily 5.0 -2.4 1.2 5.0 4.9 10.2 8.9 -11.8 -23.6 IE00BLP59322 Daily Ireland Merian Global Investors Luke Kerr Article 6 1 2 20 1 0
Janus Henderson Horizon China Opportunities Fund Sep 2008 Asia £46m 1.00% 0% No 1,000,000 Daily -2.9 -16.6 -1.7 0.2 -2.7 -4.9 -16.3 -29.1 -50.5 LU0327786744 Daily Luxembourg Janus Henderson Investors May Ling Wee, CFA and Lin Shi Yes Yes Article 6 Yes Yes N/A 0 0 61 4 1
InRIS Parus Jul 2013 Global £124m 1.65% 20% No 350,000 Daily 7.0 -6.6 -0.4 1.4 7.4 2.9 1.3 2.2 15.6 IE00BCBHZC00 Daily Ireland Parus Finance (UK) Limited Fabrice Vecchioli, Edouard ... Yes Yes Article 8 Yes Yes Yes 81 74 76 80 67
Infusive Consumer Alpha Global Leaders Fund Jun 2016 Global £120m 1.00% N/A 1,000,000 Daily 6.3 5.5 -0.2 1.7 6.3 15.5 9.8 -3.0 -25.6 LU1288897017 Daily Luxembourg Infusive Asset Management Jacques Jenny & Alexander C... 21 1 9 1 1
Incline Global Long/Short Equity UCITS Dec 2015 Global £6m 1.50% 20% No 1,000,000 Daily 5.0 31.1 -0.5 0.4 4.7 11.5 27.4 5.6 -10.8 IE00BYSPZ763 Daily Ireland International Asset Managem... Jeff Lignelli Yes Yes Article 6 No N/A N/A 15 3 22 1 2
Franklin K2 Wellington Technology Long Short UCITS Fund Sep 2019 Global £17m 1.20% 15% 5,000,000 Daily 6.1 29.0 -0.7 0.3 5.2 20.9 32.1 -0.9 -5.5 LU2164518487 Daily Luxembourg Wellington Management John Averill, Bruce Glazer Article 6 12 9 32 2 3
Franklin K2 Electron Global UCITS Fund Sep 2019 Global £83m 1.25% 15% 5,000,000 Daily 7.8 -6.2 0.8 4.4 7.3 11.5 3.5 12.4 13.6 LU2164518057 Daily Luxembourg Electron Capital Partners Ran Zhou Article 6 45 67 38 10 30
Finlabo Dynamic US Equity May 2010 US £4m 1.50% 20% 50,000 Daily 3.1 -14.7 1.0 4.2 2.8 2.6 -2.3 -1.1 6.6 LU0507282423 Daily Luxembourg Finlabo SIM Alessandro Guzzini, Anselmo... 51 84 94 91 20
Finlabo Dynamic Equity Jun 2008 Europe £49m 1.50% 20% 50,000 Daily 2.3 -0.3 1.4 3.9 2.2 2.5 2.8 -3.3 -0.2 LU0507282852 Daily Luxembourg Finlabo SIM Alessandro Guzzini, Anselmo... 35 58 79 53 54
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