French boutique converts fund range into French Sicavs
Paris-based boutique Financière Arbevel has transformed its entire fund range into French Sicavs, InvestmentEurope can reveal.
This includes the following eight strategies: Pluvalca Equilibre Global, Pluvalca Evolution Europe, Pluvalca Multibonds, Pluvalca Biotech, Pluvalca Disruptive Opportunities, Pluvalca Allcaps, Pluvalca Initiatives PME and Pluvalca France Small Caps.
Financière Arbevel has received the green light of French financial market regulator AMF on 21 July 2017 for the conversion of its funds into Sicavs.
In addition, three of the Paris boutique’s funds are currently registered in Luxembourg: Pluvalca Biotech, Pluvalca Disruptive Opportunities and Pluvalca France Small Caps.
Financière Arbevel has become the second asset manager to convert its fund range into French Sicavs after Métropole Gestion made the first move last 31 March.
The rebirth of the French Sicavs was discussed in the latest issue of InvestmentEurope, available here.
