Buoyant conditions boost long/short numbers


Most of Europe’s long/shorts performed well in another strong month for global equity markets, reaping gains from their long books.

Lucerne Capital was up 10.06%, taking year-to-date numbers to 6.51%, while Henderson European Absolute Return saw a 9.37% October gain taking YTD figures to 22.02% and Charlemagne Fund rose 8.4% to bring YTD returns to 11.56%. It was a good month also for Lansdowne European Equity, which saw a 6.02% return taking YTD numbers to 6.57%.

Cazenove UK Dynamic Absolute Return was up 5.41% to leave the year’s numbers at 1.6% and DCM Alpha Europe was up 5.01%,