Paris-based quantitative asset manager La Française Investment Solutions (LFIS), has launched multi-asset fund, LFIS Vision Ucits - Perspective Strategy (Perspective).
Perspective offers clients differentiated access to multi-asset returns in a Ucits fund with daily liquidity. It implements a multi-asset total return strategy with a European focus, and seeks to deliver cash +4% p.a. over the medium to long-term.
The fund takes a quantitative approach across equity and bond markets and leverages on LFIS' derivatives expertise to extract income from more asset classes and market scenarios. Perspective is managed by LFIS' head of Fund Solutions, Edouard Laurent-Bellue, who has been with the firm since its inception and has 14 years' experience in investment banking and asset management. Year to date the fund is up 5.6%, in net terms, and annualized performance of LFIS' Perspective strategy since inception in 2013 is 5.7%, in net terms, with an annualised Sharpe of 0.9 (Class IS EUR as of 13 March 2019).
"Perspective is a strategy we have been running since 2013 in a dedicated fund format, and the Fund's track record and client demand encouraged us to open it up to more investors," said Edouard Laurent-Bellue. "Perspective brings together the best of LFIS' expertise in derivatives, credit and quant investing and the market reception so far has been excellent."
In line with LFIS' continued growth and expansion, the firm has recently made two senior hires. Pierre Mortier joins as senior portfolio manager for credit strategies, reinforcing LFIS' structured credit, corporates, high yield and synthetics expertise. Julien Laplante joins as head of Client Services and is focused on building out LFIS' RFP and client servicing capabilities as growth continues worldwide.
Perspective is domiciled in Luxembourg and is passported for sale in the UK, France, Spain and Germany, with additional passporting in process.