Wed, May 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Estlander & Partners launches new UCITS III fund

Tuesday, October 19, 2010
Opalesque Industry Update - Estlander & Partners announced today the launch of the UCITS III compliant Estlander & Partners Freedom Fund UI. The German domiciled fund is a Ucits III compliant version of the successful non-Ucits Estlander & Partners Freedom fund. The fund realizes a combination of the company’s long-term successful managed futures strategies Global XL and Alpha Trend.

Estlander & Partners has a 19 year track record which shows a 14% average annual return with a 16% volatility. The track, which is a composite of all mandates managed by the company, shows a maximum drawdown on a monthly basis of 16%. All calendar years show a positive return, which substantiates the absolute return character of Estlander & Partners investment approach, which is implemented in the new Estlander & Partners Freedom Fund UI. Therefore, the fund uses a total return swap that is provided by Newedge Group's UCITS III compliant platform and participates in the performance of the Estlander & Partners Global Systematic Index.

The strategies have the freedom to dynamically allocate risk exposure to the following four asset classes, equity indices, interest rates, currencies and commodity indices. They rely on proprietary methodologies for the quantitative analysis of market prices and fundamental information.

Investors in the UCITS III Fund can benefit from daily liquidity. The Fund will initially be distributed in the German market, other European countries will follow. Universal-Investment with more than € 124 billion of funds under administration will be acting in the capacity of Investment Company & Administrator to the fund, while Newedge will provide the brokerage service off its Ucits III compliant platform.

Martin Estlander, CEO of Estlander & Partners said, “Our mission is to help investors reach greater investment success by offering a fund which truly diversifies a portfolio of risky assets, such as equities, bonds or hedge funds. This is particularly important in times when investors have few places to hide when global correlations peak when they are needed to be low. Providing investors access to our strategy through a Ucits III compliant format with top partners offers investors liquidity and the security of a highly regulated fund without compromising performance potential, as the chosen structure puts no constraints on efficient portfolio management and positioning will be identical to our non-ucits fund.”

Universal-Investments spokesman of the management board Bernd Vorbeck said, “The Estlander & Partners Freedom Fund UI is a great enrichment for UI-Newcits, Universal-Investments platform for the new funds generation of so called Newcits funds”. Using liquid alternative investment strategies, these newcits funds fall under the strict regime of European UCITS III regulation.

Philippe Teilhard, Global Head of the Prime Brokerage Business Line at Newedge, said, “We have seen a significant growth in investors looking to allocate capital to liquid and transparent hedge fund strategies. The launch of the Newedge UCITS III compliant servicing platform is a significant milestone in our continued innovation and value added initiatives in this area. Working with leading hedge fund managers to create a non-conflicting product offering is very attractive to investors wanting to access the performance returns of best-of- breed hedge funds and CTAs that offer a UCITS compliant investment solution within their product range.” Corporate website: www.estlanderpartners.com

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  4. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  5. Mitch Petrick leaves Carlyle as his hedge fund unit suffers losses while assets expand[more]

    Komfie Manalo, Opalesque Asia: Mitch Petrick will be leaving Carlyle Group as head of its hedge funds unit overseeing about $34bn as of March 31, after several funds under his management suffered losses while assets expanded, various media reported. Petrick joined Carlyle in 2010 and was a former