Vulpes vol fund continues to bleed, dropping 20% of its value since launch

Mon Nov 19, 2012

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Lava Fund, the long/short volatility fund by Singapore-based manager Vulpes Investment Management, has lost nearly a fifth of its value since it was launched in May last year.

The fund, which currently manages around $30 million in assets, incurred a 6.54% loss in September. That stretched its loss year-to-date to 22.13% after short-dated volatility wrought havoc on the portfolio through the period.

During the...

ISSN: 2151-1845 / CDC10004H

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