Hedge Funds

Astellon exploits Germanic edge with a locally-seeded event-driven approach

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The launch of a new European event-driven fund targeting German-speaking countries is a rare and significant event in itself

Bernd Ondruch
Christian Vogel-Claussen
For all its powerhouse prominence in the European and global economies and the rich diversity of its industrial landscape, Germany remains a relative backwater for hedge fund investing – either for large multi-strategy and global operations, or for more specialist firms.

This is particularly the case on the event-driven side, where substantial cultural barriers and political hostilities appear to remain for what are often seen in Germany as short-termist and overly aggressive Anglo-Saxon investment approaches – a view famously encapsulated by the description some years back of hedge