Thu, Oct 2, 2014
A A A
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)

Notes:
- 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: www.tungstencapital.de

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   

Banner

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. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. Launches - Goldman Sachs Asset Management launches GS Long Short Fund, Western & Southern launching international hedge fund, Lansdowne Partners plans energy hedge fund, RBC Global Asset Management launches new RBC Funds (Lux) - Asia Ex-Japan Fund, PVE Capital latest credit strategy to launch on the Sciens managed account platform[more]

    Goldman Sachs Asset Management launches GS Long Short Fund From Marketwatch.com: Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach

  3. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  4. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  5. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba