Sabre Fund Management had been running its Style Arbitrage Fund with quite some success for 18 months before launching the latest addition to its fund family, the Sabre Long/Short Style Fund. Since its August 2002 inception, Sabre Style Arbitrage has recorded a compound annual return of 9.15%, at a Sharpe Ratio of 1.4. This year to 1 October, it has accrued 2.5%.
Dan Jelicic, principal at Sabre FM, explains that the rationale for launching the long/short fund was that the firm had found that some
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