Tue, Apr 21, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

ESAF and BAF launch fund of UCITS III alpha funds

Thursday, April 08, 2010
Opalesque Industry Update - ESAF in Luxembourg announces the launch of a new Fund of UCITS III Funds.

ESAF (Espírito Santo Gestão de Patrimónios, S.A), the investment manager, designated BAF (Blue Activos Financeiros – SGP, S.A), an independent asset management company specialized in alternative investment strategies based in Portugal, as the investment advisor of the Fund.

This new Luxemburg Fund, Dynamic Alpha Portfolio UCITS III is one of the first to be launched in Europe in this new generation of strongly regulated “Flexible Investment Funds”. As the name suggests this Fund is an “Active Managed Portfolio” of UCITS III “Alpha” Funds.

Dynamic Alpha Portfolio UCITS III Fund is regulated by EU UCITS III directive, transparent, liquid and therefore eligible for investment from Pension Funds and Insurance Companies in Europe but also aiming to serve the growing global demand, particularly in Asia and Latin America.

Dynamic Alpha Portfolio UCITS III Fund main features:

• The Fund objective is to provide its investors with capital growth, mainly by investing in units of UCITS III offering different strategies. The Investment philosophy is to deliver a positive performance regardless of market conditions.
• Target Return - Euribor 3M + 4% - 8%
• Targeting low volatility and low beta levels.
• Target Volatility < 6%
• Alpha is driven by identifying, and finding the best way to capitalise on, specific manager skill.
• Investing in a selection of UCITS III funds within the most liquid assets / strategies (Long/Short Equity, Global Macro, CTA, Currency, Volatility).
• # Managers: 12-15 managers
• Maximum position size: 12%


ESAF – Espírito Santo International Management, SA (Lux) is part of Grupo Banco Espírito Santo. www.esfg.com

About BAF
• Founded in 2004 as an independent firm, to manage the assets of high net worth individuals, family offices and institutional clients.
• 10 years experience in absolute return strategies and 16 years in capital markets.
• Strength in depth – Experienced team who is 100% focused on asset allocation strategies, portfolio construction and risk management. www.blue-investments.com

pgoncalves@esaf.pt / damaral@blue-investments.com


Bg

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. Studies - Fund managers bullish on equities, alternative asset classes, Hedge funds starting to spurn emerging markets, Insurance companies take aggressive approach to hedge funds despite restricted exposure[more]

    Fund managers bullish on equities, alternative asset classes From Benefitnews.co: Asset allocation and risk continue to be the top issues for institutional investors in 2015 and, while nobody is sure what the economy will do in 2015, investment fund managers remain positive about investm

  2. Investing - New hedge fund strategy: Dispute the patent, short the stock, David Einhorn bets on AerCap as leasing company avoids turbulence, Top hedge funds reveal these best investing ideas, Hedge funds bet big on PetSmart price bump, Victory Park Capital increases investment in upstart to $500m[more]

    New hedge fund strategy: Dispute the patent, short the stock From WSJ.com: A well-known hedge-fund manager is taking a novel approach to making money: filing and publicizing patent challenges against pharmaceutical companies while also betting against their shares. Kyle Bass, head of Hay

  3. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  4. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  5. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

 

banner