(L to R) Jan Stam, Pieter Spierings, Marc Voncken and Ruben
Amsterdam-based European equity specialist Aster-X Capital
Management is making very healthy progress this year with its
two long/short funds, thanks in part to a large thematic bet on
Turkey and a renewed focus on liquid large-cap stocks.
The Aster-X Europe Fund is up around 21.06% to the end of
August, while Aster-X Panorama – a more aggressive
take on the same strategy – has made 25.26%.
Both Aster-X funds have between 20% and 30% of their
portfolios invested in Turkey, according to co-founder Jan
Stam. The Turkish economy has picked up this year and
individual companies are...