Lynx

Fund profile

European Equity Long Short multi-manager fund launched in 1987
Focus on the growing number of independent talented investment managers coming out of reputable investment firms.
Investment objective: to achieve superior risk-adjusted returns whilst limiting drawdowns to protect capital in difficult market environments.
Expected return: in line with the MSCI Europe index in rising markets, outperform the index in trendless markets and protect the capital in down markets. Typically 6-10% p.a.
Expected annualized volatility: 2/3 of the MSCI Europe index
Monthly liquidity

Exposure to European equity markets with the best of breed managers capturing most of the upside of the market whilst offering downside protection in times of volatility
Blend between fundamental European equity long/short managers and trading oriented managers

The opportunity set is high for European Long Short managers both on the long and short side
Large and liquid universe of stocks to choose from (including shorts which are cheap to borrow) smaller universe of hedge funds (i.e. less crowded trades)
Different economic cycles within Europe and greater dispersion between markets
Lower commodity prices (good for industrial companies)
Lower euro is beneficial to European exporters
Large universe of companies with domestic versus international revenues
Good environment for M&A (i.e. cheap to finance debt)
Market volatility is here to stay

Last update 16.01.2025

One of the longest track-record among European multi-manager funds
Europe offers huge opportunities for European Long Short managers both on the long and short sides
Limited competition from other fund of funds (many have disappeared)
Offers capital preservation during market turmoil whilst capturing most of the upside during bull markets given its flexibility in adjusting leverage and net exposures

“ Lynx is one of the best ways to benefit from the huge opportunities offered by the European equity markets. ”