Kerr runs Ucits III version of hedge fund

Mark Colegate of Asset TV questions the Old Mutual fund manager on the investment strategies behind the UK Dynamic Equity offering

How would you describe UK Dynamic Equity? I would describe it primarily as a long-only style of fund with enhanced returns. So we are taking the best ideas from across the small- and mid-cap desk but enhancing the returns with very stock-specific shorts when we see the opportunity to make money. This is a new fund that is being launched but there is an existing product that is being rolled into it. How does that work? I launched the UK Dynamic Equity fund as a hedge fund back in the middle of 2005 and have been running it for nearly four years now. What we are doing here is running ...