Swiss Life Banque Privée, the French private bank branch of Swiss Life group, has launched SLGP Quantera, a discretionary managed and diversified fund of funds.
The fof seeks to outperform the Eonia +2% over three years with annual volatility below 3%. The firm targets primarily clients from local IFAs.
SLGP Quantera can select in-house funds and external funds regardless of their asset class, sector or geographic area.
The equity funds’ bucket is up 30% maximum while the fof is invested between 70% and 100% in corporate and government bond funds. SLGP Quantera can also invest up to 30% in money market instruments of emerging markets.
As at 31 December 2015, Swiss Life Banque Privée managed €36.8bn in assets.