The Financial Standard – BT Financial Group has partnered with new hedge fund manager Voyager Funds Management in a distribution deal for the group’s flagship Voyager Pan Asia Fund.
The long-short equities fund, run by Voyager’s seven person investment team, is market neutral and invests in Pacific Rim countries, targeting returns of 15 per cent per annum with 10 per cent or less volatility.
Voyager is the start-up of former managing director of JP Morgan Asset Management, London, Andrew Cormie, together with a former managing director of Deutsche Bank, Leon Christianakis. It has been operational for four months and investing since July. Christianakis said they charge a performance fee of 1.5 per cent with a 20 per cent high water mark.