EFG Asset Management Launches New Multi-Manager UCITS Fund

Jan 6 2017 | 6:49pm ET

EFG Asset Management has launched a new UCITS-compliant multi-manager fund aimed at allocating capital across a range of uncorrelated relative-value hedge funds.

The new fund, named the All Weather UCITS fund, is domiciled in Luxembourg within EFG’s New Capital funds family, according to an article in Citywire. It was reportedly soft-launched in November 2016 and is managed by Jerome Berset, who will allocate across hedge funds with uncorrelated relative value strategies and less emphasis on directional, long/short ones. 

Investors are increasingly looking for real hedge strategies for risk-off environments, Berset said to Citywire, while the end of the 20-year interest rate cycle means they can no longer could on bonds to hedge the long-equity exposure in a multi-asset portfolio. 

Berset will focus on experienced hedge funds managers with strong teams and broad research capabilities, the article said. 

Founded in 1994, EFG Asset Management is the asset management arm of EFG International, a global private banking group headquartered in Zürich. The firm manages more than $12 billion in traditional equity and fixed income portfolios, multi-asset and alternatives strategies, and its proprietary New Capital fund range. 


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of