Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Winton expands long-only range with double launch

Winton expands long-only range with double launch

Winton Capital Management is seeking to replicate the success of its flagship global equity fund with two launches.

The group has launched North American and European long-only equity funds, which will be managed in a similar way to the $700 million Winton Global Equity fund, which uses a mathematical, analysis-driven process.

The Winton European Equity fund aims to outperform the MSCI Europe index over five years. There is a minimum investment of €1 million for the Z-share class, which has no management fee with a 20% performance fee.

The Winton US Equity fund aims to outperform the benchmark S&P 500 over the longer term and has the same fee structure.

The flagship Winton Global Equity fund has returned 43.6% since launch in December 2010 to the end of March, in line with a 43% rise by the MSCI World index. Last year the fund returned 29.8% net of fees.

As of February, Winton Capital Management had assets under management of $24 billion, making it one of the largest hedge fund groups, and founder David Harding has been vocal over his plans to expand into investment management.

Winton earlier this year hired hedge fund star Stephen Stonberg from Brevan Howard as a senior adviser.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play HSBC's Stephen King warns of 'enormous' Brexit deficit danger

HSBC's Stephen King warns of 'enormous' Brexit deficit danger

Brexit will weaken the economy, fail to boost exports and lessen the country's ability to fund its 'enormous' deficit, according to HSBC's senior economic adviser Stephen King.

Play Premier's Smith: electricity and water can be a good mix

Premier's Smith: electricity and water can be a good mix

Exposing your person to electricity and water simultaneously is ill-advised, but what about your portfolio?

Play Citywire 10k: video highlights

Citywire 10k: video highlights

Citywire held its sixth annual charity run last week, which hosted over 200 people and raised £14,000. Here are the video highlights.

Your Business: Cover Star Club

Profile: how to control your destiny in an age of regulation

Profile: how to control your destiny in an age of regulation

‘RDR was good news to us because it aligned our practices with the industry,’ says Courtiers boss Jamie Shepperd

Wealth Manager on Twitter