Limited Net Long/Short
The Limited Net Long/Short strategy is managed with the dual objectives of protecting investor capital while driving long-term risk adjusted returns. Launched in September 2002, the strategy seeks to drive alpha, both long and short, primarily through a diversified portfolio of public equities selected from the global TMT sectors.
Our senior investment team brings extensive domain expertise to the stock selection process. Long and short positions are independently derived based on company fundamentals, and each is intended to deliver absolute returns for our investors.
The strategy will generally maintain a low beta-adjusted net market exposure of +/- 20% and gross exposures that typically range from 150% to 200%, although exposures may fall outside these ranges at times. This high gross, low net structure is designed to let stock selection drive superior performance.
The strategy primarily invests in liquid, medium and large capitalization securities, while our risk management process targets regional, industry and subsector exposure limits.