Mon, Feb 27, 2017
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. Legal - Fannie, Freddie shares dive after U.S. appeals court ruling[more]

    From Reuters.com: Shares of Fannie Mae and Freddie Mac tumbled more than 30 percent on Tuesday after a U.S. appeals court shut down efforts by hedge funds and other investors to pursue numerous legal claims accusing the U.S. government of seizing their profits following taxpayer bailouts. By a

  2. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  3. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012

  4. Investing - Hedge funds continue to chase the herd in record Momentum wager, Marshall Wace bets grocer Sainsbury may need rights offering, Hedge fund net exposure has started to retreat, David Tepper's Appaloosa fund makes a huge buy, The 10,000-mile journey to Short Australia, Skeptical hedge fund investors grill Evan Spiegel about Snap's I.P.O.[more]

    Hedge funds continue to chase the herd in record Momentum wager From Bloomberg.com: Hedge funds can't get enough of momentum - even if it means embracing an investing strategy they hate. Loosely defined as betting on shares that went up the fastest over the preceding nine-to-12 months, h

  5. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s