Merian preps long/short launch amid acquisition of Kestrel's multi-asset business

Kestrel joint CEO and co-founder John Ricciardi and team join Merian

Mike Sheen
clock • 2 min read

Merian Global Investors has acquired Kestrel Investment Partners’ £123m AUM multi-asset business, including its entire team under lead fund manager, co-founder and joint CEO of Kestrel John Ricciardi.

In addition to its current offering the Kestrel team are expected to launch a long/short strategy in early 2020 as part of Merian's wider growth plans. Merian Global Investors eyes Neptune acquisition The Kestrel Global Portfolio, which will adopt Merian branding upon the planned December acquisition completion, aims to achieve capital growth by directly investing in a diversified portfolio of asset classes across global markets, using a quantitative macro modelling process. B share classes have returned 5.7%, 13.5% and 22.3% over one, three and five years respectively, according t...

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