Long/short equity fund opens

Former long-only fund managers at Invesco, Bertrand van Houtte and Olivier de Faramond have launched the Colbert Europe fund.

The fund is a long/short European equities fund investing in large-cap European stocks on the short side and 80% large caps on the long side.

The managers opened with the aim of raising e200m and were confident of closing at the end of October. The managers have both had extensive experience in running long-only European portfolios with Invesco.

De Faramond managed a