Wood pilots Lancaster through stormy weather

Fri Oct 23, 2009

Despite starting at one of the worst times in recent memory, former Magnetar and Deephaven man Matthew Wood has seen strong performance with his new firm, Lancaster Investment Management.

The flagship LAE Master Fund, a large-cap focused long/short portfolio, gained 2.25% in 2008 and this year is up 15% with low volatility. Asset growth has also been robust. Wood began with around $25 million of external assets, but solid performance has now seen the fund grow to around...

ISSN: 2151-1845 / CDC10004H

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