Ex-Citadel man Amiri's Susa finds its stride


Susa Fund Management, the new long/short European equities operation formed earlier this year by former Citadel portfolio manager Reza Amiri, appears to be moving quickly into its stride.

Launched in March, the Susa European Equities Fund was up by 5.26% in its second month of trading in April - after a narrowly positive start in March - and the portfolio is now close to being fully invested.

The Susa approach is based solely on fundamental value-based stock-picking - with no use of stock baskets, indices or derivatives - and aims to generate alpha on both the long and short sides