Wed, Nov 25, 2015
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:

- 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. Investing - BlackRock targets ETF investors with flexible currency hedging, Nelson Peltz bets on General Electric Company and Mondelez International, Apple plummets to 4th place among hedge holdings, from No. 1, Top Q3 equity purchases and sales of top 50 hedge funds[more]

    BlackRock targets ETF investors with flexible currency hedging From BlackRock Inc., the world’s largest asset manager, is changing course on exchange-traded funds that protect against currency volatility. After stressing the easy switch between hedged and unhedged ET

  2. Chicago-based Achievement A. M. is shutting down hedge fund following losses[more]

    Komfie Manalo, Opalesque Asia for New Managers: Achievement Asset Management, a Chicago-based hedge fund firm, has announced it is closing down its hedge fund operation following losses on energy market bets this ye

  3. Lyxor Hedge Fund Index up 0.1% (+0.4% YTD) as global macro and CTAs outperform[more]

    Komfie Manalo, Opalesque Asia for New Managers: Global macro and CTAs outperformed the hedge fund space and delivered positive returns last week amidst difficult market conditions, with the Lyxor Hedge Fund Index up

  4. BlackRock is shutting down its Global Ascent macro fund[more]

    Komfie Manalo, Opalesque Asia: BlackRock, the world’s largest asset manager, has announced plans to shut down a macro fund, Global Ascent Fund, because of "headwinds facing the industry". The hedge fund, which makes bets on stock, bond and currency markets, will return money to investors. Ac

  5. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the