Consepio - Turning around?

Looks as if Consepio managed to pick up the pennies that everyone was throwing to the bears in November. With the prevailing "difficult" markets for Long dominated hedge funds, Consepio managed to pick up some 5% in November. The fund is down 10% ytd after betting on market corrections for some time, lets see how it handles this one! It is as hard being a hedge fund managers as being a perma bear... not an easy business.

Healthinvest

After a dashing run in the three first months for the recently launched Swedish Long/Short equity fund, Health Invest, the fund has encountered difficult market circumstances and is currently down 30.8% since inception after getting battered up in the equity markets. The fund re-opened in August 2007 after seeing assets falling below 1200 Mio Sek and will remain upon until they reach 1400 Mio Sek. A fair guess that it would take some time to do so, given the recent track-record. Perhaps running an asset management business outside their former employers was more difficult than previously anticipated.