French manager liquidates European L/S equity fund following assets drop

Eugenia Jiménez
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French manager liquidates European L/S equity fund following assets drop

French manager Exane Asset Management has hard-closed its European long/short equity fund as assets fell below €5m in December. The Exane Funds 1 - Templiers A, a market neutral strategy investing mainly in European stocks, has been liquidated 13 years after it was launched. The Fund has been run by Jean-François Roussel since inception. Roussel has worked as a partner and portfolio manager on long/short equity funds at Exane since 2005. Prior to that he worked as a portfolio manager at...

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