FOUR to launch long/short multi-asset fund for Pinggera

FOUR Capital Partners is launching a retail long/short fund for former Insight and Credit Suisse manager Michael Pinggera, who joined the boutique in October.

The group plans to launch the FOUR Multi-Strategy fund next month. The portfolio will be managed in a hedge fund style, employing a core and satellite investment approach. It will have up to 60% in equities and will invest in eight major equity futures markets globally, each equally weighted at 7.5% of the portfolio. Using a global equity momentum process, the fund will aim to capture gains in rising markets and preserve capital in down markets. “The fund’s core momentum strategy will give me the flexibility to nimbly sell out of equities and move heavily into cash when investors b...