21 Feb 2020
The Artemis US Extended Alpha Fund is a ‘long/short’ fund. Designed to outperform the American S&P 500 stockmarket index, it combines a traditional portfolio of around 70-120 ‘long’ US stocks (where the manager expects a company’s share price to rise) with a portfolio of 60-120 ‘short’ positions (where he aims to make money from an anticipated fall in a share’s price. A short position is the sale of an asset which the fund does not physically own with the aim of buying it later to secure a profit. The fund uses derivatives to achieve a short position synthetically).
William has co-managed Artemis’ two US long/short strategies since launch in 2014, and has been the sole manager of these strategies since October 2019.