The HX2 fund is a two-times leveraged version of StrattonÆs existing Japanese equity longshort Himeji Fund. Morgan Stanley will be the prime broker and Northern Trust will be the administrator.
The targets for the new fund are to deliver twice the returns of the first fund, aiming at 15-20% with volatility of 8-12%.
McEwan has managed the $137 million Himeji Fund since its launch in 2000, whilst Atherton joined him last year. The managers say they...
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