Hedge Funds

Sagil racks up strong risk-adjusted returns with niche LatAm strategy

by

Adrian Landgrebe
Few long/short emerging market equity specialists have performed better in the highly volatile conditions in emerging equity markets this year than Sagil Capital, the London-based Latin America-focused firm run by a former prop trading team from South Africa’s Rand Merchant Bank.

The Sagil Latin America Opportunities Fund – a $50 million strategy managed by Adrian Landgrebe and Bradford Jones – is up by some 16.5% to the end of October against a fall of 8% in Brazil’s Bovespa index, the most relevant regional equity benchmark, in US dollar terms.

Since inception in July