Giano Capital was down 2.8% for November, bringing its year-to-date return to -3.5%. The S&P 500 declined 0.8%, while the Eurostoxx fell 4.6% during the month.
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Giano Capital is a €10 million fund with its flagship strategy having €23 million in assets under management. The long/ short equity fund was part of Odey Asset Management until fund manager Michele Ragazzi departed in 2018, taking the fund with him. It invests primarily in European equities and is managed by Ethus, which utilizes a quant model.
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