Rothschild launches Alt Ucits fund

Feb 2 2018 | 3:59pm ET

Rothschild Asset Management has launched a long/short market neutral fund in partnership with French boutique Perdurance Asset Management, according to an article in Citywire.

The new European-focused equity neutral strategy uses an in-depth evaluation of the beta and any sector, geographic or style bias of the long leg of the portfolio and sets up hedges (short) via indices to neutralize them.

With €4 billion in assets under management, the Alternative Ucits fund sits on Rothschild Asset Management’s dedicated platform, InRIS, which was launched in July 2013.

The R Perdurance Market Neutral fund is managed by Perdurance manager Ivan Briery, the co-founder and former lead manager on the renowned Voltaire fund, which is a long/short market neutral fund.

“Alongside the R CFM Diversified Fund, R Parus Fund and R Karya Macro Fund, R Perdurance Market Neutral Fund is enriching a tight range of complementary Alternative Ucits funds, both in terms of profitability/risk, underlying strategies and liquidity,’ said a spokesperson for Rothschild

Perdurance Asset Management is largely owned by Briery, who holds 60% of the company, and Perdurance Philanthropy, at 40%.

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...


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...