lionhart-spins-out-asian-strategy-fund

Lionhart spins out Asian strategy fund

The investment team for the Lionhart multi-strategy Asia hedge fund set up a new management company in London and Hong Kong.

By Jame DiBiasio

October 05, 2006

The managers of a $170 million Asia-focused multi-strategy hedge fund have spun off from their parent, Lionhart, and set up their own investment-management company called Cannizaro Capital Partners. The new company has also acquired LionhartÆs Hong Kong office and investment team.

Lionhart, based outside of London, was established in 1995 and manages three multi-strategy funds with a total of $650 million under management. Two of the funds are global in nature, while the Asian strategy fund was launched in 2000. Its style is low-volatility, multi-arbitrage investing. Its Asian fund returns 11-12% per annum with volatility below 3% its standard deviation of monthly returns is 2.9 and its Sharpe ratio is 2.7. One of Lionhart's global...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222