Wed, Mar 4, 2015
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. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  2. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie