The new launches will include long short equities funds. The Paris-based manager already manages USD 15 billion in alternative and structured investments and recently launched three new hedge funds:
* SingleHedge Market Neutral, Irish domiciled;
* SingleHedge Global Macro, French domiciled;
* SingleHedge Trend Fund, also French domiciled.
These funds are managed out of Paris by a specialised team, which already has a 6-year experience in managing those strategies, relying on a strong in-house quantitative research capacity.
These three new products are targeting 10%-15% return with 5% to 10% volatility. They have been designed to fit the needs of European-based qualified investors, and specifically French investors through the onshore funds.BNP Paribas Asset Management is pursuing its ambitious development plan in the alternative arena with several launches planned for the first quarter of 2004.
copyright hedgeweek 2004
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
