MoneyGuru global hedge fund will be run using business cycle analysis tools

MoneyGuru is to launch its first long/short global hedge fund by early November. Called the K-Fund, the portfolio's asset allocation will be based on the investment strategy of Elias Karakitsos, visiting professor at the management school of Imperial College. The fund will use Karakitsos' proprietary fair value model and business cycle analysis to select the optimal geographic and sectoral asset allocation split. The K-Fund will invest in equities and bonds in Europe, the UK, the US and Japan. Short positions are expected to comprise a maximum of 20% of the portfolio. Gearing will be ...