Contour Asset Management LLC
Referent: Tom Cahill
Unternehmensüberblick / Kernkompetenz
Contour Asset Management LLC (“Contour”) is a tech focussed equity long short manager. The firm was founded in October 2010 when strategic partner Brummer & Partners AB, granted the mandate of the Tech equity long short strategy exclusively to Contour. The firm is based in New York and currently manages approximately $1.7bn in one strategy.
Schroder GAIA Contour Tech Equity is a low-net tech-focussed equity long short fund, based on Contour’s existing tech focused long short strategy. The fund has a low net approach to suit varying market conditions in a sector that has shown to have high dispersion of returns (historically net exposure has been between -25% to 25% with gross exposure between 150%- 250%). We focus on fundamental analysis to build a portfolio from a bottom-up perspective and can use top down themes to identify potential opportunities. Contour strive to invest in companies that they have a differentiated understanding of, and while the fund has the ability
to invest in FANG names, it has not historically been dependent on FANG stocks to drive performance. The strategy has returned 13.5% annualised returns since inception in 2010, with a volatility of 12.6%