Bottom-up strategy focus favouring Japan as economic outlook improves

Coronation's flagship global fund of hedge funds is set up with an in-built long bias and is currently overweight Japanese equities. Launched in 1996 and run by one of the group's founders, Anthony Gibson, it invests in 19 underlying long/short products. Gibson is assisted on the portfolio by a team of three which includes Maria Doran, a senior analyst at the group. The Coronation Global Equity Alternative Strategy Fund has an overall performance objective to capture two-thirds of the upside of global equity markets and to participate in no more than a third of any downturn. Doran says C...