UK long/short equity as a strategy has the potential to perform well in a downturn, according to Colin McLean, managing director of SVM.
The company runs SVM Highlander, a European equity long/short fund that has returned an average of 14% over the last nine years and is now running at around 9% up to date for 2008.
This potential to do well gives McLean confidence in the strategy and its ability to continue to perform for him over the coming months.
In its most basic form, long/short equity involv
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