Banor Sicav, a Luxembourg-based Ucits IV investment firm, has signed a cooperation agreement with Banca Generali for the distribution of the entire range of funds managed by London-based Banor Capital.
The agreement, which comes shortly after the one with FinecoBank, envisages the placement of Banor funds with Banca Generali’s network of private bankers and financial planners.
The six Banor Sicav sub-funds managed by Banor Capital are characterised by a value-based fundamental approach and are among the best in their categories for 1, 3 and 5 years. The strategies cover both the stock and bond markets and focus on the world’s principal geographical areas.
The funds to be distributed through this agreement include:
- Banor Sicav Italy long Short Equity, a long/short stock fund taking a sector-based approach and with the focus on Italy. The fund is managed with advisory input from Luca Riboldi and has performed above the Italian market, with half the volatility.
- Banor Sicav North America Long Short Equity, a long/short stock fund focusing on the American market and managed under Eddie Ramsden, who lectures in value investing at London Business School. The fund is top of the Morningstar Alternative – US Long Short list for 1, 3 and 5 years.
- Banor Sicav Greater China Long Short Equity, a long/short stock-based fund focusing on Greater China. With Dawid Krige as adviser, the fund focuses on the growth in consumption by the Chinese middle class.
- Euro Bond Absolute Return, a flexible bond fund that follows an absolute approach, managed by Francesco Castelli. The segment focuses on low volatility and positive returns over the different stages of the credit cycle and its latest coupon class paid an annualised 4%.