Tue, Sep 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

New Oyster funds classes launched in Swiss francs

Monday, November 07, 2011
Opalesque Industry Update - The Swiss banking group SYZ & CO announced today the launch of new classes in CHF for seven OYSTER funds, which are already available in Switzerland in other currencies. By offering investors the choice of the reference currency, SYZ & CO can better address the specific needs of the Swiss market, which is one of the key areas for development. This focus on Switzerland has also been underlined by a significant reinforcement of the OYSTER Funds commercial team.

Seven new classes in CHF The strategies selected for the launch of new classes in CHF are OYSTER US Value, OYSTER Global Convertibles, OYSTER European Opportunities, OYSTER European Small Cap, OYSTER Credit Opportunities and OYSTER Market Neutral. These funds are already available in Switzerland in their reference currency or in EUR and complement the fund already available in CHF, the OYSTER Diversified CHF. The CHF classes are hedged, meaning that the investor does not incur a currency risk, which is a key factor during this volatile period for the Swiss currency. The launch of these new classes therefore gives investors the choice of choosing the original classes if they opt to incur exchange rate risk or wish to hedge currency exposure themselves, or they can instead opt for the new classes in CHF.

Focus on the Swiss market The launch of these new classes reflects SYZ & CO’s desire to address the specific needs of Swiss professional clients. Indeed, Switzerland currently represents one of the key focus areas for OYSTER Funds’ development.

In addition to the creation of new CHF classes, OYSTER has reinforced its commercial team in Switzerland. With two new arrivals, the Swiss commercial team now includes 8 people, all dedicated to assisting professional clients, which makes it one of the largest fund distribution teams in Switzerland.

Xavier Guillon, CEO of OYSTER Funds said, “We continue to build and invest, even during this time of uncertainty, in order to offer our clients the service and tailor-made follow-up they deserve”.

There are now 33 funds being offered to Swiss investors, including the entire OYSTER Funds range and the 3A Alternative Funds. This range continues to evolve and varies from very conservative absolute return strategies with an established track record, to traditional strategies involving various asset classes or to more innovative approaches such as “Newcits”. Source

Press release

bc

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. Star names struggle as smaller hedge funds make hay[more]

    From eFinancialnews.com: Many big-name funds have been hit by sharp reversals in markets, including US government bonds and UK stocks, and have struggled to extricate themselves from positions that have gone bad. According to data group eVestment, hedge funds below $250 million in size are up 4.1% t

  2. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  3. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  4. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  5. Comment - ‘Gut feeling’ measurable in hedge fund traders, How hedge fund managers can use blockchain to maximize benefits[more]

    ‘Gut feeling’ measurable in hedge fund traders From Laboratoryequipment.com: “Gut feeling” is an intangible – an automatic hunch – based on prior experience for some people. But the “gut feeling” is actually a measurable response developed in professionals doing some high-risk work, acco