LI Capital long short fund recommended
Research and ratings shouse, Lonsec has given the retail version of the L1 Capital Long Short Fund a "recommended" rating.
The fund announced the rating today, with its co-Chief Investment Officer (CIO), Mark Landau claiming it had seen a dramatic increase from financial planners for high quality long short products.
The company took the fund into retail space on the back of its performance in the wholesale environment where it had delivered net returns of 39.78 per cent a year since inception in 2014 placing it in the top 20 long short funds globally in both 2015 and 2016 (based on the HSBC survey — January 2017).
L1 Capital is a boutique fund manager based in Melbourne founded by Raphael Lamm (ex Cooper Investors) and Mark Landau (ex Invesco).
L1 signed a distribution partnership with Channel Capital late last year.
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