Certitude rebrands its long/short fund


Certitude Global Investments has changed the name of its HFA International Shares Fund to LHP Global Long/Short Fund.
Certitude is the Australian partner of fund of hedge fund manager Lighthouse Partners and the decision to change the name of the fund was made to more "accurately reflect the growing role of Lighthouse Partners" in the fund's structure and management, Certitude stated.
The newly-named fund recently took out the top spot in the Money Management/Lonsec Fund Manager of the Year global equities long/short category.
Since it was first launched in March 2001 it has returned 5.7 per cent per annum to 31 May 2012.
According to Certitude, there have been no changes to the fund's investments strategy, structure or operation as a result of the name change.
Recommended for you
Clime Investment Management has welcomed an independent director to its board, which follows a series of recent appointments at the company.
Ethical investment manager Australian Ethical has cited the ongoing challenging market environment for its modest decrease in assets over the latest quarter.
Commentators have said Australian fund managers are less knowledgeable compared with overseas peers when it comes to expanding their range with ETFs and underestimating the competition from passive strategies.
VanEck is to list two ETFs on the ASX next week, one investing in residential mortgage-backed securities and the other in Indian companies.