French asset manager Rothschild & Cie Gestion has teamed up with Swiss private bank Sallfort Privatbank AG to launch three equity funds at the end of December 2016, InvestmentEurope can reveal.
The strategies, managed by Rothschild & Cie Gestion, are the following : Sallfort Investment Managers – US Equities Ucits, Sallfort Investment Managers – European Equities Ucits, Sallfort Investment Managers – Swiss Equities Ucits.
All three funds are domiciled in France and apply a value approach.
The Sallfort Investment Managers – US Equities Ucits fund seeks to outperform the S&P 500 Net Total Return index over a five-year period. It will be invested at least at 90% in US stocks of the S&P 500 Net Total Return index. Others investments can be made, up to 10%, and include US stocks outside the index, money market instruments, bonds, shares of funds or fixed income products.
The Sallfort Investment Managers – European Equities Ucits fund seeks to outperform the Stoxx 600® DR (C) index over a five-year period. A minimum of 90% of its net assets will be permanently invested in stocks issued in country members of the European Union and part of the Stoxx 600® DR (C) index.
The aim of the Sallfort Investment Managers – Swiss Equities Ucits is to outperform the Swiss Performance Index (SPI) with net dividends reinvested over a five-year period. The fund’s exposure to Swiss equities composing the SPI will be comprised between 90% and 100%.
Rothschild & Cie Gestion is part of Rothschild & Co group whose asset management and private wealth management division had total AUM of €50.2bn as of end March 2016.