Tiburon Partners LLP will be launching a UCITS III compliant pan Asia ex Japan long/short fund – Tiburon Taurus - in the first week of May. The Fund will be managed on the same basis as Tiburon’s existing Asian hedge fund, Tiburon Tiger.

Demand for Tiburon Taurus reflects the wider industry trend to allocate to structures with a greater degree of regulation and liquidity in the aftermath of the Global Financial Crisis. Tiburon Taurus will be listed on the Irish Stock Exchange and will be available in dollar, euro, and sterling (hedged and unhedged) share classes.

The same team that has run Tiger for the last 6 years will manage Tiburon Taurus with Mark Fleming in the lead role. “While we still have some major concerns about the condition of many western economies, that stock markets appear to be discounting at the moment, Asia has a far healthier macro profile. Asian stock markets will obviously display some correlation in the event of weak equity markets in the developed world but overall the region looks in so much better shape and deserves a significant overweighting by asset allocators” said Fleming.