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Tages Capital launches alternative risk premia fund with initial institutional investment of $100m

Thursday, September 15, 2016
Opalesque Industry Update - Tages Capital, one of Europe's leading specialist alternative asset managers, has announced the launch of Tages Alternative Risk Premia Fund (the 'Fund), a fund focused on the rapidly growing area of alternative risk premia. The Fund offers investors access to Tages' proven excellence in absolute return investing in a segment of alternative asset management that has gained increasing attention from institutional investors seeking diversified sources of return.

The Dublin domiciled ICAV fund launched with over US$100m of capital from leading European institutional investors. The Fund's strategy has been uniquely developed to provide an attractive risk adjusted return profile, aimed at delivering uncorrelated returns to traditional asset classes.

Berouz Fatemi, Portfolio Manager and Head of Quantitative Strategies, commented: :The analysis of alternative risk premia, and the specific risk factors contributing to the hedge funds' returns, have always been at the core of Tages' manager selection and portfolio construction. It is therefore a natural step for Tages to establish a product designed to enable institutional investors to systematically capture these specific returns whilst minimising traditional market risk premia.

"Tages Alternative Risk Premia Fund uses a unique combination of quantitative and qualitative techniques to evaluate and select a subset of investable alternative risk premia. The Fund is designed to deliver attractive risk-adjusted returns through a process driven, liquid portfolio. This is diversified by strategy, asset class and region combined with comprehensive daily risk controls."

Jamie Kermisch, CEO of Tages Capital, commented: "As one of Europe's leading alternative asset managers, Tages has a history of working with leading institutions to provide next generation customised solutions to alternative investing. Alternative risk premia strategies are increasingly high on the agenda for institutional investors and Tages is well positioned to deliver access to competitive and market leading alternative risk premia products that may be customised to meet clients' objectives."

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