Fri, Sep 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Banque Morval Awards Latin American equity advisory mandate to Copernico Capital Partners

Monday, March 03, 2014
Opalesque Industry Update - Banque Morval S.A. announced that it has awarded a specialist equity advisory mandate to Copernico Capital Partners effective 10 March, 2014. Copernico is appointed as the investment advisor to Banque Morval in its capacity as investment manager of Willerequity Latinamerica (WE Latam), a UCITS IV specialist equity investment fund of Willerfunds Management Company S.A. (Willerfunds S.A.).

Banque Morval is a Swiss private bank with roots in Switzerland beginning in 1974 when it was first estab-lished as an independent wealth management company. Over the years, Banque Morval has built a robust reputation providing high-end wealth management services and investment expertise to its clients. Banque Morval obtained its current banking status in 1989 and is regulated by the FINMA (Swiss Federal Supervisory Authority of Financial Markets).

Copernico is a Bermuda registered, independent emerging markets investment management company spe-cializing in Latin America. The firm was founded in 1999 to take advantage of distressed valuations and to ex-ploit large market inefficiencies in the region mainly through investments in distressed opportunities and spe-cial situations. Copernico invests across a variety of asset classes (both in dollars and local currency) including fixed income and equity securities, both private and sovereign.The operating team is based in Buenos Aires, Argentina, with offices in Uruguay and the US.

“We have a longstanding commitment to the region which started in 1995 when we launched our Willerequity Latinamerica fund. We expect the relationship with Copernico, a firm that has a seasoned team of investment professionals with an extensive network of regional contacts, a commitment to deep fundamental research and a culture of capital preservation, to provide a differentiated understanding and perspective of Latin American equities and enhance our awareness of calibrated opportunities that exist in the region”, states Albert Mandic, a member of management at Banque Morval and Managing Director of Willerfunds S.A.

Copernico expects the mandate to provide it with an opportunity to contribute its skills and longstanding invest-ment expertise in Latin America for the benefit of WE Latam’s investors while also extending its reach to UCITS investors.

km

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. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  2. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style

  3. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  4. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  5. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity