Sun, Feb 1, 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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would