Omni Partners, UK-based Alternative investment manager, has unveiled new Omni European Equity Long/Short (Omni ELS) for external investors.
Known as Omni European ELS, the equities hedge fund will target liquid large cap equities and aims to bet on rising and falling share prices of large-cap stocks in Europe.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The fund will be managed by Omni Partners CIO Howard Spooner alongside portfolio manager at Omni ELS Hugh Selby-Smith.
The fund comprises of three discrete portfolios including base, trading and opportunistic.
Spooner and Smith had been running the strategy with an internal capital of $25 million since January. Till date, the fund had generated 6% return this year.
Selby-Smith said: "Omni European ELS seeks to marry a robust stock selection process with active trading; we believe that following a process-driven approach provides a repeatable framework for narrowing the investment universe to those stocks expected to outperform or underperform over time."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataSpooner said: "There is still demand for European equity long/short funds that can demonstrate that they follow a repeatable process, have limited market correlation and deliver attractive risk adjusted returns, despite the fact that others operating in the space have not made money this year."
