Hedge Fund Launched in ’07 Completes Successful 1st Year
Tuesday, December 9, 2008 : PermalinkWest Palm Beach (HedgeCo.net) – The DM Swiss Equity Asymmetric Fund has successfully completed its first year of operation realising a net gain for its investors +2.67%.
"We are extremely pleased to see the fund successfully navigate its way through one of the most challenging environments for investors in living memory." Marc-Etienne Rouge, partner at Delman SA said, "Launching a new fund is a difficult task at the best of times, but to do so, and so successfully in this type of environment is remarkable and a credit to our entire team."
The DM Swiss Equity Asymmetric Fund employs a conservative long/short fundamental stock picking strategy to the Swiss equity market and is co-managed by Urs Heinimann and Adrian Peter at Mirabaud & Cie, Zurich. Both Urs and Adrian are Swiss equity specialists having spent their careers focussed on the sector.
"The performance of the fund this year is a solid endorsement of the skills of the managers and a strong validation of the strategy. We firmly believe that the type of environment we are likely to encounter going forward will be one in which the strategy continues to outperform," added Marc-Etienne.
Delman SA, is a Geneva based company specialising in the creation and the delegation of managed funds, Delman launched the DM Swiss Equity Asymmetric Fund on 30th November 2007 in partnership with Mirabaud and Cie.
Alex Akesson
Editor for HedgeCo.Net HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds! Be sure to check out our sister sites. www.hedgefundlounge.com, www.hedgefundtools.com, and www.hedgefundemployment.com
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