Bennelong Long Short Equity Management launches Alpha 200 Fund

Bennelong Long Short Equity Management (BLSEM) has launched a new Australian equities strategy, the Bennelong Alpha 200 Fund (the Fund).

The Fund is a long/short market neutral strategy with the objective of generating consistent returns regardless of market conditions. The investment team applies fundamental research to identify pairs of securities, seeking to capture alpha whilst limiting exposure to market risk by adopting a dollar neutral portfolio market exposure position.

The Fund invests primarily in the S&P/ASX 200, with 50% expected to be invested in the S&P/ASX 200 ex-top 100.

Richard Fish, BLSEM Director, said good investment opportunities in the S&P/ASX 200 ex-top 100 are available but identifiable only through robust research. “We generate excess returns through fundamental company research, and aim to identify instances where stock prices don’t reflect fundamental value. In this investment universe, a systematic approach should yield alpha opportunities”, said Richard.

The BLSEM team has cumulative investment experience of 96 years. Four of the five team members have proven performance in managing a long/short strategy with the Bennelong Long Short Equities Fund, which has a highly successful track record over more than 10 years.

“There is no substitute for experience,” said Richard. “We follow a very disciplined process and have consistently been able to identify relative value opportunities. This focus is what makes the Fund different.”

BLSEM was founded as a joint venture between Bennelong Funds Management and Richard Fish, in 2001. The Fund is open for wholesale investors only with a minimum investment of $500,000.