Lancaster Absolute Return Fund was founded by James Hanbury. It operates out of London, and its strategy at its core is fundamentally driven by global long/short equity. James was a manager at Odey Asset Management.
Strategy And Approach
The strategy is built around three cornerstones - investing in fundamentally high-quality companies, focusing on portfolio diversification, and disciplined exits from short positions.
When looking at a long book, the main parameter is the valuation which is driven by sustainable free cash flow generation. The approach on the short book side varies between investment cases.
Hanbury and his team prefer to invest in the mid to long-term, while constantly resizing their position so the focus of the portfolio stays on high-conviction investments. See more on...
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