Tue, Sep 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

SEB Dynamic Manager Alpha fund in new UCITS format

Thursday, September 27, 2012
Opalesque Industry Update - Northern European banking group SEB today announces that its Dynamic Manager Alpha fund is now accessible to retail investors via its new UCITS format.

Launched in 2005 as a managed account, the strategy has a seven year track record, returning consistent positive growth every year since inception. The fund was launched in Luxembourg Part II format in 2008 and received a gold rating from S&P in 2011, with current AUM of USD 170 million.

Kerstin Cooley, Senior Product Manager, Hedge Funds at SEB comments: “As retail investors become more sophisticated and independent in making their investment decisions, they continue to ask for access to institutional products which offer high-quality, security and returns. They are now an increasingly important segment in our overall investor base, and over the last years have shown growing interest in our investment strategies. The UCITS format of DM Alpha is therefore the logical next step in its evolution. It enables retail investors to invest in a proven product which has consistently generated above average returns, and we anticipate that the industry will further extend the availability of sophisticated investment vehicles to a broader audience.”

DM Alpha has generated a return of 24.46% since inception in 2005, offering investors exposure to a diversified portfolio of skilled investment managers by extracting the "alpha" from mutual fund returns through disciplined market risk hedging. The funds are selected by a structured qualitative and quantitative process to deliver a high risk-adjusted return, while the dynamic hedging strategy aims to ensure market neutrality. The strategy offers daily liquidity and is available in fund format through swap and certificate. The new UCITS format is currently available to retail investors in Luxembourg and Sweden and will be passported to investors in further jurisdictions over the coming weeks.

Press release

sebgroup.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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali