Sagitta Asset Management has launched a long/short US hedge fund, the Mariner fund, run by former J...
Sagitta Asset Management has launched a long/short US hedge fund, the Mariner fund, run by former Jupiter fund manager Eduardo Tomacelli. Tomacelli said: "On the long side I trade the strongest shares in the strongest sectors. If there is a definite direction in markets, as there was last year, I will hold positions for extended periods of time. "Clearly this year has been different. As soon as there is any inflection point in the market I generally go completely to cash, or trade short-term movements." The fund was set up in early 1999 at the request of a single client. It has been ru...
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