Fortis Launches Fundamental 130/30 Euro Strategy

Apr 27 2007 | 12:11pm ET

Fortis Investments this month launched the Fundamental 130/30 Euro strategy, which seeks enhanced returns from Euro-zone equities with a risk profile similar to that of a standard market benchmark. The strategy mixes a fundamental quantitative methodology with a variable long/short strategy.

The strategy is managed by Claire Méhu, head of quantitative management, who stated:
“The fundamental weighting strategy is a superior way to participate in the equity market return as it better reflects the economic reality of the investment universe and is less vulnerable to periods of speculation. Our chosen approach for the active extension is market neutral, short exposure in the portfolio is matched exactly by a long extension in the same proportion of net asset value (maximum 30%). The active extension is implemented using derivatives to ensure compliance with UCITS III rules.”

The strategy, which is benchmarked to the MSCI Euro Index, has a net exposure of 100% and a maximum gross exposure of 160%.

Fortis Investments, which is the asset management arm of Fortis, managed EUR121 billion as the end of December 2006.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR