Rhenman Global Opportunities L/S was launched on August 31, 2016.
Rhenman Global Opportunities L/S (RGO L/S) is a global, actively managed long/short fund with a positive outlook over the business cycle. We believe that the assessment of the region and by sector is as important as individual stock selection.
Rhenman Global Opportunities L/S will make its investments based on active selection of regions and sectors, completely independent of index. The fund will take 35-50 positions, preferably in larger companies. The investment horizon for long positions will typically be 2-4 years, while the time horizon for short positions will typically be 6 months up to 2 years. The fund will be long-biased and have a positive outlook over the business cycle, with a typical net exposure of roughly 50-90%.
In recent years, the focus has been on passive index-linked management and technically oriented products, while at the same time it is difficult to get a decent return on fixed income investments. It is against this background that we have decided to go “back to basics”, i.e. starting an active global L/S equity fund, with the objective of providing 7-8% average annual net return
SEB OWNS THE FUND STRUCTURE
The Fund is part of the umbrella fund of SEB Fund Services in Luxembourg. This gives investors greater comfort since one of the largest Nordic commercial banks is behind the fund.