Minerva Investment Management Society

Fund Update · Long Short Equity Fund

Long Short Equity Fund - May 2023

· Portfolio Management · Long Short Equity Fund

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Summary

The fund is actively managed by Minerva IMS, based on a zero-net investment «multi-factor» strategy. The long-short structure implies a market-neutral exposure and limited correlation to the main market indexes while the investment strategy is based on a «multi-factor» quantitative proprietary model design to achieve a systematic, rule-based approach to stock selection. The fund aims to generate a positive absolute return throughout all market conditions.

The inception of the past portfolio took place on December 1, 2022. Therefore, the time frame considered goes from December 1, 2022, to April 28, 2022. Over the period, the portfolio obtained an absolute return of € 3,759 starting from € 100,000 of total exposure (9.46% annualized) at the start date on the long and the short leg. If we consider the cumulative performance starting from November 21, 2021, the portfolio generated an absolute return of € 30,417.

Authors

  • Matteo ConsalvoPortfolio Manager
  • Pietro CorderoPortfolio Analyst
  • David OverbeckPortfolio Analyst
  • Alberto PavanelloPortfolio Analyst
  • Matilde ZampaPortfolio Analyst
  • Davide GiulianoHead of Asset Management
  • Gianluca CaffiHead of Portfolio Management

Details

Published
24 May 2023
Division
Portfolio Management
Fund
Long Short Equity Fund
Type
Fund Update
Pages
10
Authors
7

Cite this report

Minerva Investment Management Society (2023). Long Short Equity Fund - May 2023. Portfolio Management. https://minervaims.org/archive/long-short-equity-fund-may-2023

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