Labels such as bull or bear don't really apply to Sean Fenton. As the portfolio manager for Tribeca Investment Partners' Alpha Plus Fund – the best performing long/short fund last year – Fenton can make profits in almost any environment.
The fund's mandate enables the manager to take 50 per cent of the value of the portfolio short, meaning he's betting at any given time that half the stock under his watch will lose value.
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Matthew Smith writes on personal finance specialising in companies, managed funds and investing themes from our Sydney newsroom. Connect with Matthew on Twitter.
