Following the news that AXA Rosenberg is withdrawing its sponsorship of the AXA Asian Absolute Fund, Alexander has sent out the fund's last investment note. However, in the note Alexander says he still wants to continue to manage the fund, alongside his analyst Cecilia Mak, and is seeking new investors.
AXA Rosenberg's withdrawal has been prompted by a change in focus towards quantitative asset management and as it has been known for some time that Alexander’s investment style does not match the Rosenberg model, the parting of ways was amicable.
The hedge fund was launched 14 months ago, with Alexander and Mak brought to the then AXA Investment Managers to manage...
