Mermaid navigates stormy equity market

Fri Oct 21, 2011

Read more:



Copenhagen-based fund is developing a reputation for making money in volatile and difficult periods


Thomas Juul-Larsen
Ulrik Jonsen
Copenhagen-based Mermaid Asset Management is one of the few European long/short equity funds that appears to be navigating the stormy market waters with success this year.

The Mermaid Nordic Hedge Fund - run by founders Thomas Juul-Larsen and Ulrik Jonsen together with fellow ABN Amro veteran Jonathan Copplestone, who is based in New York - is up 7.27% to the end of September after recording positive performance over the turbulent last three months, when market volatility saw many equity hedge funds come unstuck.

The strategy gained 2.16% in August, when many long/short funds dived, and the fund has only registered one small monthly loss so far this year - with a dip of just 0.53% in...

ISSN: 2151-1845 / CDC10004H

TAKE A FREE TRIAL

The full contents of this article are only available to active EuroHedge subscribers and trialists.

To continue reading please,
take a free trialsubscribe or log in to EuroHedge.

Subscribe

Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now