ST PETER PORT, Guernsey–(BUSINESS WIRE)–Nov 1, 2022–
Eric Sturdza Investments, an independent asset management firm that offers actively managed strategies to institutional and wholesale clients, has partnered with Boston-based Crawford Fund Management to launch the Strategic Long Short Fund.
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Source: Crawford Fund Management and Morningstar
The Strategic Long Short Fund is a long-short equity fund that benefits from a unique combination of fundamental equity analysis and options analysis.
The Fund’s long portfolio focuses on undiscovered and poorly followed securities, with a strong emphasis on owner-operated companies, where management incentives and compensation are closely aligned with investors. The short book relies on two well-rehearsed strategies: hand-picked single-name put options on young companies with unproven business models, and leveraged stocks facing potential distress.
The fund is actively managed by investment industry veterans Christopher Crawford, Scott Utzinger and Jonathan Saunders, who founded Crawford Fund Management in March 2009.
Collectively, the team has extensive experience in managing large multi-billion dollar pools of capital over a range of market cycles, and a proven track record of delivering positive returns for investors. Since its inception in 2009, the team’s US domestic product has generated positive 10% annualized net returns in 12 of the past 13 years, and it has consistently outperformed other hedged equity funds.
The Strategic Long Short Fund is a UCITS compatible fund and classified as an Article 8 fund under the SFDR.
Michaela Zanello Sturdza, Managing Director of Banque Eric Sturdza SA and Director of EI Sturdza Strategic Management Limited, said:“We are delighted to launch the Strategic Long Short Equity Fund, a new investment product that will further diversify our growing range of global funds. As a company, we have been extremely impressed with Crawford’s performance, philosophy and expertise. We are pleased to now offer this fund to our clients.
Christopher Crawford, Managing Partner and Portfolio Manager at Crawford Fund Management, said:“We very much look forward to working with Eric Sturdza Investments, who have been very professional and detail-oriented from the start of our engagement. We recognized very quickly that there is a strong cultural fit between our two teams and we are delighted that our relationship thrives both in the short and long term.
Andy Fish, managing director at Eric Sturdza Investments, said:“We are experiencing inflation at levels not seen in decades, with nearly every asset class being impacted. For this reason, we are fortunate to be working with an investment advisor with the skills and experience to navigate into this new dynamic, a team that we believe will be able to continue to deliver absolute and uncorrelated returns.We believe the Crawford team is well positioned to find opportunities and add value for our clients in this new market environment.
The fund will initially be available for distribution in Ireland, with other markets including the UK soon to follow. The Initial Offer Period (IOP) does not begin until November 1, 2022.
About Eric Sturdza Investments
Eric Sturdza Investments is an independent asset management firm providing actively managed strategies to institutional and wholesale clients. We give investors access to the best investment ideas through exceptional investment managers, in product areas where we believe the investment opportunity can add positive value to clients.
The company is part of the Geneva-based Eric Sturdza group, which includes a private bank, a family office and a wealth management company.
Eric Sturdza Investments is headquartered in Guernsey, with offices and representations in Geneva, London, Frankfurt, Paris, Tokyo and Hong Kong.
For more information, visit: www.ericsturdza.com
About Crawford Fund Management
Crawford Fund Management was established in 2009 and is managed by Chris Crawford, Scott Utzinger and Jonathan Saunders (“Crawford”) and is headquartered in Boston. The team pursues an investment strategy focused on superior risk-adjusted returns and capital preservation. In doing so, Crawford uses both long and short portfolios. Crawford does not focus on a specific industry, specific geographic region, specific market capitalization or specific investment style, but looks for specific investment characteristics, including a strong orientation towards business management incentives . This leads to a promising universe of long ideas for stocks that are typically underreported on Wall Street. An innovative, yet conservative approach, in which short selling is done through single-name put options, allows Crawford to take advantage of yield opportunities in hard-to-reach areas of the market, and often record returns even if prices fall.
The opinions and statements contained herein are those of Crawford Fund Management in its capacity as investment advisor to the EI Sturdza Strategic Long Short Fund as of November 1, 2022 and are based on internal research and models. This does not constitute independent research and in no way should the information contained herein be used as a recommendation to buy or sell any security or financial instrument or service or to pursue any investment product or strategy. or otherwise engage in any investment activity or as an expression of an opinion as to the present or future value of any security or financial instrument. Nothing contained in Crawford Fund Management’s opinions and statements is intended to constitute legal, tax, securities, or investment advice. The views and statements contain “forward-looking statements”. All projections, forecasts or related statements or expressions of opinion are forward-looking statements. Although Crawford Fund Management believes that the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee that these expectations will prove to be correct, and these forward-looking statements should not be considered as a guarantee, prediction or definitive statement. fact or probability.
Investing involves risk. The value of investments, the funds and the income which may be generated therefrom can go down as well as up and therefore investors must be able to bear the risks of a substantial depreciation or loss of the whole of their investments. Past performance is not indicative of future results.
This communication is issued by Eric Sturdza Management Company SA (“ESMC”), a regulated management company approved by the Commission de Surveillance du Secteur Financier under registration number S00001025 and designated by the Fund, registered for distribution in the countries mentioned in this document. ESMC’s registered office address is 16, rue Robert Stumper, L-2557 Luxembourg. ESMC has appointed EI Sturdza Strategic Management Limited (“EISSML”), as investment manager and global distributor, which is regulated by the Guernsey Financial Services Commission and registered under company number 35985. The address of the EISSML’s registered office is 3rd Floor, Trinity House, Rue du Pré, St Peter Port, Guernsey GY1 1LT. EISSML is part of the Eric Sturdza group. EI Sturdza Funds plc and its sub-funds are Irish funds authorized by the Central Bank of Ireland. The information contained in this document is estimated, unaudited and may be subject to change.
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SOURCE: Eric Sturdza Investments
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PUBLISHED: 11/01/2022 09:51/DISC: 11/01/2022 09:51