Friday, 25 July 2014
Last updated 32 min ago
May 11 2007 | 12:52pm ET
Crédit Agricole Asset Management this month launched a suite of five quantitative sub-funds within its flagship international SICAV Crédit Agricole Funds, domiciled in Luxembourg. The UCITS III-compliant sub-funds, CA Funds Euro Quant, CA Funds Asia Pacific Quant, CA Funds Japan Quant, CA Funds US Quant and CA Funds Global Quant, use a replicable quantitative investment process allowing investors to benefit from the growth potential of the five different regions.
The new funds employ an investment process based on an in-house statistical model, which seeks to outperform equity markets on a recurring basis, according to the firm. The model performs individual analysis of 200 criteria of over 10,000 stocks worldwide.
“We are looking forward to sharing our proven in-house expertise in quantitative fund management,” said Philippe Zaouati, head of marketing at CAAM Group. “These new funds sit comfortably alongside our fundamental active funds, enlarging and diversifying our offering to investors.”
The funds all charge a US$500,000 minimum investment requirement. There are no performance fees and management fees range from 0.7% to 1.75 depending on the share class.
Crédit Agricole Funds manages €17.6 billion (US$23.8 billion) in over 50 sub-funds.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…