Tue, May 26, 2015
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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. Opalesque Exclusive: Ovation Partners targets opportunities where few "natural lenders" participate[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Changes in financial regulations post-2008 (Dodd-Frank and Basel III) are forcing banks to significantly alter their core lending businesses. And as mid-sized

 

banner