BluMont Capital Inc. has launched the BluMont Core Hedge Fund, a single manager long/short equity fund with a North American focus.

The investment advisor of the BluMont Core Hedge Fund is Burlington Capital Ltd. Founded in 2004 by Allan Brown, CEO, and Geoffrey Barth, president, Burlington Capital is also one of the investment advisors for the multi-manager BluMont Canadian Opportunities Fund.

Burlington Capital’s success comes from its fundamental stock research that has enabled them to unearth significant investment opportunities. Brown and Barth have worked together for more than 10 years and have 27 years of combined investment experience, including 20 years of portfolio management experience across a number of market sectors, asset classes and fund portfolios.

“We are extremely excited to be working with BluMont Capital,” said Brown, in a news release. “We feel the BluMont Core Hedge Fund is a unique fund in Canada with our emphasis on paired positions.”

Barth said, “Our competitive advantage is in picking stocks and our goal is to generate annual returns of 10% to 20% with less volatility than the benchmark indices.”

BluMont Capital is a leading provider of alternative investment products to Canadian investors. Specializing in hedge funds, the firm offers innovative investment solutions that provide enhanced diversification and robust return potential. The company has approximately $870 million in assets under management and administration.