Quant Global Equities Fund launches as UCITS III
22. Mar 2011
• Launched on 15 March 2011
• Initial size USD 24m
• Daily liquidity UCITS III Luxembourg SICAV, operated by Luxembourg Financial Group;
• Will follow the QAM Global Equities Fund, which has delivered 18.5% annualized returns since launch in 2004.
• 3rd fund to start trading on LFG’s Liquid Alpha UCITS Platform (LAUP), with a further 6 funds to be launched shortly.
LONDON / LUXEMBOURG, 22 March 2011
The Quant Global Equities fund, an innovative fund of the Quant AM SICAV, has been launched, with daily liquidity that will precisely follow the investment strategy of the BVI based QAM Global Equities Fund, and is available initially in both EUR and USD:
• The Fund, like the QAM Global Equities Fund, will practice a successful investment style called “Top Rights”. Basic philosophy is to buy undervalued stocks with upward earnings revisions and minimize risk in a strictly consistent and disciplined way;
• It is entirely driven by dynamic multi-factor models. The majority of a multitude of applied factors are related to the main drivers of share prices: earnings revisions and relative valuations. The portfolio consists of 100 – 200 stocks (long) and a basket of futures (short) based on a dynamic hedging model;
• The QAM Global Equities Fund was incepted in April 2004 and has annualised returns of 18.5%. The QAM Global Equities fund was awarded “Best International Fund” by AsiaHedge in 2007.
Frank Holle, who is the co-founder of the Quant AM SICAV, explains “We are really excited about being able to offer our award winning fund in UCITS III form. Our strategy fits perfectly within the UCITS framework and we will have to make no alterations to the way we run our fund.”
The new fund has been set up as a Luxembourg UCITS III SICAV in partnership with Luxembourg Financial Group (“LFG”).
Gareth James, head of hedge fund solutions at LFG, adds “We expect big interest, as we have been able to keep the fund true to its original investment strategy, but with the added benefits of secure custody, risk management and liquidity that UCITS III offers. This will be an exciting addition to LAUP (LFG’s Liquid Alpha UCITS Platform) as we build it out our offering.”
CONTACT
Quant AM
Frank Holle
T : +44 20 3008 8372
frank@qamfund.com
Luxembourg Financial Group
Gareth James
T: +44 20 7337 2216
gareth.james@lfg.lu
www.lfg.lu
About Luxembourg Financial Group
Luxembourg Financial Group is a structured products boutique and specialist asset manager with offices in Luxembourg, London, Bahrain and Stamford CT. Its hedge fund division offers fund managers a range of solutions, from setting up UCITS III funds to certificate & Sharia wrapping and structured products. Delivering superior client service, transparency, innovation and product quality, Luxembourg Financial Group continues to expand its assets under management rapidly, with $5bn of assets under management or issuance.
Its in-house distribution platform for UCITS III funds, Liquid Alpha UCITS Platform (“LAUP”) is rapidly becoming the leading independent platform for UCITS hedge funds.
About Quant AM
Quant AM SICAV (Quant AM) is being set up as an umbrella fund regulated in Luxembourg, incorporated as a SICAV. The Quant Global Equities UCITS III fund, a sub-fund of Quant A.M., will strictly replicate the investment strategy of the QAM Global Equities Fund.
The investment advisor to the fund will be Capital FM Ltd. Capital FM Ltd is specialised in systematic value-momentum strategies for the global equity markets. The company invests in 58 countries worldwide, in big- and small caps and in developed - and emerging markets. Capital FM Ltd manages the QAM Global Equities Fund and the QAM Asian Equities Fund since April, 2004. Capital FM Ltd currently manages around USD 135 million of global equity investments.
About The Funds
Quant Global Equities Fund, a sub-fund of the Quant AM SICAV. Management Company and Investment Manager: Luxembourg Financial Group Asset Management S.A Investment Advisor: Capital FM Limited Share Classes
A-EUR. ISIN LU0605322220. Bloomberg QUAMGEA LX
B-EUR. ISIN LU0605322576. Bloomberg QUAMGEB LX
Administrator & Custodian: Caceis Bank, Luxembourg
Auditor: Ernst & Young