L1 Capital lifts off
On the back of increasing demand, fund manager, L1 Capital has launched a retail version of its wholesale long short fund, which produced a return of 41.62 per cent per annum since inception (2014).
In conjunction with the launch, L1 Capital entered into a distribution partnership with financial services group, Channel Capital.
L1 Capital's wholesale short fund also ranked first long short product in 2015, and in the top 10 in 2016, according to HSBC's alternative investment group performance review.
L1 Capital's co-founder, Mark Landau said: "Over the past year, we have seen a dramatic increase in interest from financial planners and retail investors. We are delighted to partner with Channel Capital to launch our retail offering".
Their long short strategy had 70 positions, which contributed more than one per cent performance since inception, L1 Capital said.
Their long short retail fund could now be accessed via Channel Capital.
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