Lynx racks up two awards on the same night, at different events
In a universe of European Long Short managers that has been in steady decline since its peak in 2008, due in part to the lack of scalability in managing assets in the region for liquidity reasons and the ongoing political turmoil across the region, it should be of no surprise that investors have shied away from this space. However, this is where the opportunity set lies in terms of generating alpha through bottom-up stock picking; being small and nimble in a market that is swayed by market volatility has enabled our managers to outperform the market index and our peers over 1,3 and 5 years.
This is the fourth year in a row that Long/Short Selection Lynx wins an InvestHedge Award in the category of Best European Strategies. It is also the first time that it wins a BANCO Swiss Hedge Fund Award for Best Long / Short Equity fund over 5 years. With a Sharpe ratio of 1.63% (2.16% in USD), the restructuring of the portfolio into a more concentrated version of high conviction ideas has paid off.