Syz Asset Management has announced the merger of its SYZ AM (Lux) Absolute Return Institutional funds with its Ucits compliant UK-registered OYSTER Absolute Return funds, in a bid to open up the strategy to both wholesale and retail investors in the UK.
Previously, the SYZ AM (Lux) – Absolute Return Institutional funds were only available to institutional investors. The merger with the UCITS UK-registered OYSTER Absolute Return funds will make the strategy available to a wider investment public. In particular, a RDR compliant GBP retail share class will now be offered.
SYZ’s multi-asset approach combines cash, bonds, equities and alternative investments, the absolute return strategy has been pursued over the last 11 years by the same in-house investment team. The team includes Fabrizio Quirighetti, head of Multi-Asset, Roberto Magnatantini, head of Global Equities, Jérôme Schupp, head of Research and Adrien Pichoud economist.