The daily dealing Ucits V investment portfolio is managed by Paolo Marongiu and Daniele Bevacqua, supported by analysts Giorgio Mastropietro and Leonardo Sinelli.
Investment strategy
The fund’s investment process emulates the risk-return profile of quality fixed income, aiming to deliver these returns to investors.
The team will seek to invest in a select number of funds, which have demonstrated their ability to consistently deliver alpha; with the portfolio’s net exposure managed based on prevailing market conditions to reduce overall volatility. The net long equity exposure will be in the range 0-50%.
When equity markets offer an attractive risk premium the net long exposure will be raised.
Each time the team modifies the net long position of the portfolio, a stop loss is put in place to control the risk both in terms of the equity and hedge exposure.
Retain positive returns
L Georges Gutmans, executive chairman of EI Sturdza Investment Funds, said: “Investors have been very clear about their concerns around low interest rates and geo-political impact on markets. Our new intelligent, actively managed, smart beta investment fund responds to their concerns and will harness fixed income like returns from equity markets within a liquid investment vehicle.”
Marongiu, said: “Today’s markets continue to challenge investors – volatility is high, and uncertainly has been at the forefront of every investor’s mind. Around every corner there is potentially a new event that has the possibility to wipe value off a market. Our approach looks to retain positive returns, and protect from volatility through rigorous risk management.”
