German asset manager DJE Investment has launched a Europe-focused market neutral fund as part of plans to increase its alternative strategies.
The new strategy is officially called the DJE – Equity Market Neutral Europe fund and it invests in a maximum of 50 big companies which will be equally weighted.
In order to minimise market risk the portfolio will allocate to index and currency derivatives.
Running the strategy are Florian Bohnet, who is head of research and portfolio management at DJE Capital, as well as portfolio managers Kilian Stemberger and Christian Dobler.
The firm will introduce the XP share class for institutional investors first with the minimum investment of €3 million and later launch a PA share class for private investors.
The investment strategy will leverage analysis of the 15-strong research team at the firm.