Clarkson Fund Management, a division of the London-based
shipbroker Clarksons, has just rolled out a second
shipping-focused hedge fund to investors.
The Clarkson Freight Fund was incubated internally with a
small seed investment from Clarksons and has been operating
since October 2008. It has gained a punchy 18.8% in the past
three months, and the fund is now open for outside
The fund is more specialised than its predecessor, the
Clarkson Shipping Hedge Fund, which launched in May 2006.
Unlike that fund, which combines investments in shipping
equities with a strategy that invests in shipping derivatives,
the new fund will focus exclusively on derivatives and will
offer a higher octane...