Sherpa Asset readies to launch equities fund

Sherpa Asset readies to launch equities fund on June 1
Kirsten Bischoff, Opalesque New York: Vancouver-based Sherpa Asset Management will be launching the Sherpa Diversified Returns Fund on June 1st with assets of between $10m - $30m. Portfolio Manager David Guarasci, will be running a strategy combining investments in North American mid-to large-cap equities with a proprietary options-trading strategy which Guarasci has developed utilizing his decade long experience at TD Securities where he was Global Head of Currency Spot and Options Trading.

Guarasci explained a bit of the trade strategy to Opalesque. In addition to the investments in mid- to large-cap North American Equities, the fund will then overlay each holding with an options trading strategy. The fund will also utilize selective and opportunistic shorts as well as long opportunistic gamma/options plays. Finally, they will look to add value through trading the US/Canada Exchange against the equity holdings.

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Sherpa asset

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