SuMi TRUST Global Asset Services' trustee business, SMT Trustees (Ireland) Limited, has been appointed as the AIFMD depositary for Cologny Advisors’ Camox Fund.
The investment strategy of the Camox Fund is based on fundamental research in the selection of securities for both long positions and short positions.
The investment manager runs its own valuation models for each of its individual investments and holds meetings and discussions with the management of companies in which it invests or is considering for investment. The policy of the Camox Fund is to maintain a concentrated portfolio of equities mainly across the European region based on a "stock-picking" strategy.
Anthony Askar, partner at Cologny Advisors, says: “We found SuMi TRUST's efficiency, competitiveness and general forthcomingness regarding AIFMD as compelling qualities in our choice of depositary and are very much looking forward to working with them”
David O’Keeffe at SMT Trustees (Ireland) Limited says: "The rapidly approaching July deadline for AIFMD registrations has made the provision of both depositary and depositary lite services one of our most active business areas in signing up new clients. Cologny Advisors are a fast growing, top performing manager, who have recently won the S&P Capital IQ emerging manager award for best European long/short equity fund, and we are looking forward to meeting their requirements and continuing to develop our relationship with them."
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