- Advertisement -
- Advertisement -

Related

Swiss Bank Eyes Global Equities Through Quant and Options Overlay Funds

Latest Report

- Advertisement -

Deadline: May 29th, 2024

Stockholm (HedgeNordic) – A Swiss private bank is seeking to allocate a minimum of €20 million to a fund specializing in global equities through a quantitative approach, along with an additional €20 million to a long-biased global equities fund incorporating options overlay. The deadline for the two separate requests for proposal (RPFs) is set for the end of May.

Search Criteria for Global Equity – Long Biased:

  • Universe: Listed Global Equities, e.g. ACWI, World or similar
  • Performance criteria (Hard restrictions):
    • ITD net excess return ≥ 2.5% p.a.
    • 3Y rolling excess return ≥ -1% p.a.
    • Tracking error ≤ 5% p.a.
  • Style:
    • Quantitative Long biased (Hard restriction)
  • Instrument allowed: Equities and equity derivatives

Search Criteria for Global Equity – Long Biased with Option Overlay:

  • Universe: Listed Global Equities, e.g. ACWI, World or similar
  • Performance criteria (Hard restrictions):
    • ITD net excess return ≥ 2.5% p.a.
    • 3Y rolling excess return ≥ -1% p.a.
    • Tracking error ≤ 5% p.a.
  • Style:
    • Long biased with option overlay (Hard restriction)
  • Instrument allowed: Equities and equity derivatives

Other criteria (Hard restrictions) – Applies to both RFPs:

  • Company AUM: minimum $500M
  • Strategy AUM: Minimum $50M (Composite)
  • Track record minimum 3 years (Composite)
  • No PM change within the past 3 years

Investment vehicle – Applies to both RFPs:

  • The fund will be a sub-fund of an existing UCITS ICAV.
  • Fund domicile/structure/Base currency is flexible, including off-shore vehicles. 

Process outline – Applies to both RFPs:

  • Shortlisting during Q2
  • Implementation Q3

Performance data – Applies to both RFPs:

  • E.g. USD, EUR, CHF net of fees

Deadline – Applies to both RFPs:
May 29, 2024 (Cut-off: Midnight CET, Expiry date inclusive)

To review the search and apply, asset managers need to register here on globalfundsearch.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Asgard Winds Down Macro Strategy, Refocuses on Fixed Income

Less than a year after the launch of Asgard-Steno Global Macro Fund – a collaborative effort between macro strategist Andreas Steno Larsen and fixed-income...

Eric Strand’s Green-Gold 60/40 Alternative Roars Back to Life

After a two-and-a-half-year drought, including a rough start to 2025, AuAg Precious Green has taken off in recent months. The fund, Eric Strand’s innovative...

BNY Debuts Tail-Risk Overlay Fund

BNY Investments Newton, the specialist multi-asset and equity management arm of BNY Mellon, has launched the BNY Adaptive Risk Overlay Fund – a tail-hedging...

Taiga Fund Delivers Best First Half Since 2019

Usually operating under the radar, Norwegian long/short equity vehicle Taiga Fund delivered one of its strongest first-half performances to date – its best since...

Quirky Questions for Harold De Boer (Transtrend)

Not every conversation in the hedge fund world needs to revolve around alpha, trend signals, or trading models. In HedgeNordic’s Quirky Questions series, we ask industry...

Mapping the Finnish Hedge Fund Landscape

Beyond operating as a media platform, HedgeNordic maintains an extensive database of Nordic hedge funds and related data. Although the data is not without...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.