Paris-headquartered third party fund marketer MyFunds Office has announced the launch of the MyFunds Tandem fund, together with French boutique Delubac Asset Management.
It consists of a global flexible and diversified fund of funds that will gather all strategies available through MyFunds Office.
Among others, MyFunds Office distributes funds of Banque Pâris Bertrand Sturdza, Los Angeles Capital, Quoniam, Bankinvest, Fisch AM, TCW and Jabre Capital as well as the Indépendance et Expansion Sicav.
The France-domiciled fund, which was launched on 9 October 2017, will be managed by Sébastien Legoff, managing director and head of Multimanagement at Delubac AM, and Olivier Berthier, responsible for the asset allocation of diversified funds at Delubac AM.
It seeks to outperform a composite benchmark – 50% MSCI AC World TR in euros + 50% Markit Iboxx Euro Overall coupons reinvested – over a five-year recommended investment period.
The strategy is distributed by MyFunds Office.