Scheduled for a February 1 debut in concert with the London-based Fortune Group, the Lumen Global Value Fund will rely on a strategy of exploiting emerging markets’ price inefficiencies by constructing a long and short globally diversified portfolio of emerging market debt, equities, and currencies, the announcement said.
The Lumen Global Value Fund is to be managed by a team of three investment professionals including Nocera. The team has a 10-year track record primarily in the long-only environment, but with extensive use of derivatives and synthetic shorts, according to the media announcement.
The Fortune Group is a hedge fund, which manages several funds of hedge funds.
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