French boutique Graphene Investments, which received the AMF’s agreement at the end of August this year, is set to launch its first strategies, InvestmentEurope can reveal.
The firm was co-founded by former BNP Paribas’ head of International Equities Hubert Goyé (CEO of Graphene Investments) and Christophe Garon (COO of Graphene Investments), previously head of COO at BNP Paribas Cardif.
The company will primarily focus on covering large cap equities of non-European developed markets, starting with the US and Japan, and targets professional investors.
Speaking to InvestmentEurope, Graphene Investments’ CEO Hubert Goyé says the firm currently awaits AMF’s green light to launch its two first funds : the US Essential Growth strategy and the Japan Essential Value strategy.
The US Essential Growth strategy will be fully invested in large companies listed in the US and seek to outperform the S&P 500 Net Return Index by 200-300 bps p.a., with a tracking-error close to 7%.
It will rely on a pure stock-picking and disciplined approach, that results from the combination of a proprietary quantitative investment process developed by Goyé during his tenure at BNP Paribas and a qualitative analysis.
The portfolio will consist of around 50 stocks with a permanent growth bias that can be modulated depending on market conditions.
The same process, but with different indicators, will be applied to the Japan Essential Value strategy.
The fund will hold some 50 Japanese value stocks within the Japanese large cap universe. It will seek to outperform the Topix Return Index by 200-300 bps p.a. with a target tracking error of 6%.