French asset manager, Axiom Alternative Investments (Axiom AI) has launched the Axiom Long Short fund, focusing on the European financial sector.
The fund that has already a one-year track record, combines long-term and medium-term views on shares issued by financial institutions.
David Benamou, managing partner of Axiom Alternative Investments, said: “We are delighted to be adding to our growing family of funds with our first dedicated long / short strategy. We have witnessed strong demand for products in the long / short space, and believe the European financial sector lends itself to such a strategy. As proof, Axiom Long Short has a year to date return of +7.59%, a very promising start.”
Specialised in financials, Axiom AI is led by managing partner David Benamou (pictured) and had more than €1bn of assets under management as of 4 December 2017. The boutique covers various segments on which European financial institutions are issuing (senior debt, non-preferred senior debt, subordinated debt and equity).