Who We Are
Investment Objectives
The Funds objective is to provide highly uncorrelated returns against the market while aiming to achieve positive returns, irrespective of market direction. Whilst performance is an important consideration a core tenet of the strategy is capital preservation.
Investment Approach
The strategy employs a highly systematic fundamentally driven process centred around the 1000 largest US stocks by market capitalisation. The process adopts a fundamental, value driven approach focused on 50 longs and 50 shorts rebalanced back to 2% each month. The valuation driven methodology ranks the universe utilising a systematic 13-factor approach, aiming to generate alpha from both sides of the book.
Biographies
Robert Sellar
Portfolio Manager
Before joining South River Asset Management Ltd (SRAM) he:
Co-managed the BP Pension Funds North American funds ($5Bn AUM).
- Was a partner and portfolio manager at Cameron Capital Management LLC (CCM), (a long/short market neutral hedge fund) which was successfully sold to Valley Forge Advisors, LLC in 2012.
- Was Head of North American equities for Aberdeen Asset Management ($3Bn AuM) a top decile performing Fund, in London and Philadelphia (where he lived for ~seven years).
- Managed the Aberdeen Asset Management Global Technology Fund ($100mm AuM).
In Philadelphia he was a member of the Aberdeen Asset Management Inc. Executive Board as well as a member of the firm’s Risk Committee.
During his tenure as Head of North American equities Robert was instrumental in taking the North American fund performances from 3rd quartile to 1st quartile (Lipper) by focusing on long term growth drivers of stocks, valuation and risk characteristics.
Robert is the lead on the fund responsible for all day-to-day operations therein.
He is a member of the Philadelphia Securities Association (PSA) and of the Institute of Financial Professionals New Zealand Inc. (IFINZ).
Team Biographies
Stephen Watson
CEO - SRAM
Stephen Watson is a senior portfolio manager within SRAM with a 30-year track record running international multi-asset and equity portfolios
Stephen is currently CEO of South River Asset Management and is also therefore responsible for managing the firm’s multi-asset strategies.
Before joining SRAM Stephen was a Senior Fund Manager at Northern Trust managing Global Equities. Prior to Northern Trust Stephen was a Director at Framlington running European equity funds.
Stephen overseas all day-to-day operations at the Regulatory level for the Fund.
Tony McCarthy
Partner
Anthony McCarthy began working in investments in 1989 with experience of both the buy side and hedge fund industry.
Before joining South River Asset Management, he
Launched The Candela Fund while at Olympus Capital (later Matrix Pan European Equity Fund) which he co-managed until 2013
More recently he has provided equity research to a Family Office
Prior to this Anthony was a Director, European Equities at AIG Global Investment Corp. (Europe) Limited, which he joined in April 1999, where he managed the European Equity Desk in London and co-managed the AIG European Smaller Companies Fund. Before this he was a Senior Fund Manager at SLC Asset Management.
Anthony holds a BSc in Economics from University College London.
Tony oversees risk within the Fund.
Chris Lee
Partner
Chris Lee has over 30 years of experience within the financial markets
Before joining South River Asset Management Ltd he was a Partner at WG Partners, a corporate advisory business specialising in M&A and Capital Raising for the life sciences industry.
Prior to this Chris was Head of UK and European sales at Piper Jaffray, a leading US investment bank, Chris has had further investment banking experience as a Managing Director at Bear Sterns, ING, Credit Suisse and BZW.
Chris has an BA Hons in Political Studies from the University of Leeds.
Chris heads up all our marketing and investor communications for the Fund.
Brad Stephenson
Partner
Brad Stephenson has over 17 years’ experience in the funds industry, both on and off-shore.
Brad is a Chartered Accountant from New Zealand who has experience working in fund administration, fiduciary and compliance. He has been an integral member of boards and investment companies for numerous firms around the world, from start-up hedge funds to multi-billion-dollar pension funds.
He spent 13 years in the Cayman Islands and has a strong network in the USA due to being head of Business Development for the Cayman office of a Global Administration firm.
Since moving to London in 2019 he has worked as an advisor to the fund industry, providing insights on structuring, administration, business development and operations.
Brad overseas all financial and operational matters within the Fund.
Have any questions?
If you have any questions, please get in touch using the enquiry form below and we will get back to you shortly.
