U Access (IRL) Shannon River

Investment Objective

The strategy provides long/short exposure to the broad Technology and related sectors with a primary focus on SMID cap stocks. The team seeks to identify asymmetric risk reward opportunities that will generate high IRR on individual positions. Often these are regarded as value/GARP situations within (established) growth-industry sectors.

Latest Meeting Note

Meeting 17 Feb 2020

Shannon River is a mid-cap focused TMT strategy that launched in UCITS in October 2019. We had a useful update with Jay Sullivan, on the fund's recent performance and positioning. The fund has had  a very strong start to 2020, up 8.4% YT... Read more

Shannon River is a mid-cap focused TMT strategy that launched in UCITS in October 2019. We had a useful update with Jay Sullivan, on the fund's recent performance and positioning. The fund has had  a very strong start to 2020, up 8.4% YTD at the time of writing (Feb 14th) with several of the fund's core long names delivering strong performance, particularly New York Times which they expect to continue to benefit from the strong news cycle going into the US Presidential election.

Performance

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2019 0.9 0.0 0.0 0.7 0.0 0.8 0.5 0.8 0.7 0.4 0.7 0.4 0.1
2018 0.3 0.7 0.9 0.8 0.3 0.5 0.8 1.0 0.1 0.4 0.2 0.9 0.0

or Register for Free

  • Access the full universe of UCITS Hedge Funds and Absolute Return Funds.
  • Build and curate a watchlist.
  • View the latest research.
Close Current Site Absolute Hedge is a market leading UCITS research database providing proprietary research on funds, themes and strategies in the UCITS space. Kepler Trust Intelligence is produced by the investment companies team at Kepler Partners and is the UK’s premier source of detailed qualitative research on investment trusts. Kepler Liquid Strategies is a Dublin domiciled UCITS fund platform featuring a number of best-of-breed fund managers. Kepler Partners is a corporate advisory and asset raising boutique specialising in the regulated funds market in Europe and investment trusts in the UK.