Singapore-based Stork Capital Management will launch its Asian longshort fund on April 1. The fund will begin trading with $3 million under management, made up of the fund manager's private capital as well as investments from Australian financial institutions.
Fund managers Jay Moghe and Daniel Ammavuta say the new fund will be driven by their proprietary quantitative macro model. Stork has been using this framework for over two years to trade its existing USAustralian fund that currently stands at about $15 million. Our model has produced successful results for our US Australia fund, producing a 30% cumulative return since its October 2001 inception, says Ammavuta.
Moghe explains that the...
