Aegon equity spin-off Saemor finds its stride
Fri Nov 25, 2011
Backed by nearly €500 million of money from its Dutch insurance company parent, the well-performing Hague-based firm is now looking to attract other investors for its market-neutral and model-based European equity approach
Saemor Capital, the Hague-based quantitative hedge fund manager
set up in 2008 to manage the European alpha equity portfolio of
Dutch insurance giant Aegon, is having a very good year with
its sole strategy, the market-neutral Saemor Europe Alpha Fund.
Market-neutral funds have generally fared better than their
long/short counterparts in 2011, with the EuroHedge Equity
Market Neutral & Quantitative Strategies index showing a
return of around 2% this year to the end of October compared
with losses in long/short equity.
But the Saemor fund has outperformed the median of its peer
group substantially to return 11.20% for the year to date
– a result that the firm attributes, at least in part,
to the strategy’s ability to incorporate human
input alongside its core quantitative processes.
Saemor Europe Alpha is managed by CEO/CIO Sven Bouman, who
was previously head of equities at Aegon Nederland....
ISSN: 2151-1845 / CDC10004H
The full contents of this article are only available to active EuroHedge subscribers and trialists.
TAKE A FREE TRIAL
To continue reading please, take a free trial, subscribe or log in to EuroHedge.
Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.