Fund Management
SYZ & Co Launches New Credit Fund With 8 Per Cent Annual Return Target
Swiss banking firm SYZ & Co has launched a new credit orientated fund - a sub-fund of its Luxembourg Sicav OYSTER.
Swiss banking firm SYZ & Co has launched
a new credit orientated fund - a sub-fund of its Luxembourg Sicav
OYSTER.
The fund will combine European corporate bonds with flexible hedging of market exposure and is aiming for a annualised return of 8 per cent.
Paris based boutique firm Eiffel Investment Group will manage the fund and it is available in Euros and Swiss francs and in institutional and retail share classes.
“The fund will take advantage of the changes in the European UCITS standard to propose an unconventional strategy that effectively meets investors’ expectations,” the company said.
Earlier this month SYZ & Co introduced a retail share class for its European Selection Fund. Until now this fund launched in 2011 was available only to institutional investors.
The OYSTER European Selection fund has attracted assets under management of €600 million ($816.6 million) in just over two years since its formation.
The fund will combine European corporate bonds with flexible hedging of market exposure and is aiming for a annualised return of 8 per cent.
Paris based boutique firm Eiffel Investment Group will manage the fund and it is available in Euros and Swiss francs and in institutional and retail share classes.
“The fund will take advantage of the changes in the European UCITS standard to propose an unconventional strategy that effectively meets investors’ expectations,” the company said.
Earlier this month SYZ & Co introduced a retail share class for its European Selection Fund. Until now this fund launched in 2011 was available only to institutional investors.
The OYSTER European Selection fund has attracted assets under management of €600 million ($816.6 million) in just over two years since its formation.
