Camomille Closes Leveraged Fund

After having run external money for some 20 years Camomille has recently decided to close the Camomille Leveraged Opportunities Fund (‘CLOF’).  Although performance for May equated to +0.5% with a year to date return of some +12% the overall cost of continuing to run a small fund in today’s ever increasing regulatory and compliance environment will be somewhat challenging.

We are not disappearing.  The systematic strategy will continue to be managed on similar lines but in a private mandate only.