Thu, Oct 27, 2016
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.

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. /


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. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa

  2. Investing - Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities, Lansdowne's Roden says likes animal genetics company Genus[more]

    Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities From As ValueWalk reported back in February, earlier this year Andrew Lawrence set out to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redem

  3. Opalesque Roundtable: Style drift, poor communications and credibility fatigue are biggest red flags for hedge funds investors[more]

    Komfie Manalo, Opalesque Asia: Style drift, poor communications and credibility fatigue are the biggest red flags for hedge funds investors, said participants of the latest 2016 Opalesque Investor Roundtable, sponso

  4. Barclay CTA Index down 0.40% in September (+0.10% YTD)[more]

    Managed futures traders lost 0.40% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.10% year to date. “The US Fed, in spite of its hawkish tone, opted to hold rates steady which roiled financial markets,” says Sol Waksman, founder and president of BarclayHe

  5. Opalesque Exclusive: Meet Emma, your friendly A.I. helper[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Shaunka Khire, who co-designed an artificial intelligence (AI) robot called EMMA/MANSI, talks to Opalesque