Thu, Nov 26, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

SEB UCITS III platform hosts Tungsten Capital Management UCITS fund

Wednesday, April 13, 2011
Opalesque Industry Update - SEB today announced that German equity investment specialist, Tungsten Capital Management GmbH, launched a new UCITS III fund via SEB Master KAG (Kapitalanlagesellschaft).

SEB Master KAG is a one-stop shop which facilitates the launch and marketing of German UCITS funds. It helps manage risks and fund administration, accounting and pricing as well as fund and tax reporting. Together with SEB Enskilda Prime Brokerage this offers investment managers a more efficient way to manage UCITS compliant funds.

Andreas Julin, SEB Enskilda, Head of Prime Brokerage Sales Germany said: “We see a continued strong investor appetite for Alternative UCITS across Europe and Germany offers some of the most interesting opportunities. SEB Master KAG is an extension to our Alternative UCITS offering in Luxembourg.”

Bernd Schusta, SEB Master KAG: “Tungsten is one of the pioneers in Germany for absolute return strategies, and we have a long-standing history working together with Thungsten’s on-shore hedge funds. We are now looking forward to expanding our relationship further with a UCITS III fund.”

Florian Hach, Portfolio Manager Tungsten Capital Management GmbH adds: "Our strategy fits perfectly with the UCITS III framework. The reason for choosing SEB´s German platform was a combination of our strong existing relationship, the integrated solution and SEB’s reputation as one of the major European prime brokers. We hope to benefit from the increased demand for Alternative UCITS strategies especially in Germany.”

(press release)

- KAG/Kapitalanlagegesellschaft: investment firm
- The Tungsten Long/Short strategy is an absolute return strategy investing in US equities and has been run for 10 years with a strong risk adjusted return. The strategy is systematic long/short with a contrarian profile investing only in the most liquid instruments listed on the major US exchanges.

About Tungsten Capital Management GmbH
Tungsten Capital Management is an independent investment manager in Germany with a focus on a combination of liquid and sustainable alternative investment products that add value. In addition to its investment management business, Tungsten is an advisor to a number of family offices. Tungsten is a German Bafin regulated company, employing reliable and proven strategies in the funds it manages, and offering its investors access to investments with a superior risk- return profile. 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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. 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

  3. 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

  4. 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

  5. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega