Gottex Fund Management has launched its Swedish multi-asset UCITS product on the Folksam unit linked platform and has opened its Scandinavian office.
Gottex recently launched the Gottex GMA Balanserad Fund, a daily dealing UCITS fund, on the Folksam unit-linked platform in Sweden.
The fund is a globally diversified core investment solution which invests in nine asset classes including global and Swedish equities, emerging markets, real estate, commodities and hedge funds. The asset allocation is inspired by top performing US University Endowments like Harvard and Yale, which have generated very strong returns over the last 25 years.
The Gottex GMA Balanserad Fund uses cost efficient implementation by accessing asset classes with low cost smart beta with returns hedged back to Swedish Krona. Gottex believes it is an ideal core investment solution for a Swedish investor with a five to 10 year investment horizon or longer.
Separately, as a result of the growing interest of Scandinavian investors in multi-asset products for global diversified exposure as well hedge fund solutions to use as bond substitutes, Gottex has decided to open a regional Scandinavian office in Stockholm, which will be headed up by Peter Seippel, Gottex’s head of Scandinavian business.
Mike Azlen, co-portfolio manager and chief investment officer of Gottex’s European multi-asset business, says: “We are very excited with the launch of Gottex GMA Balanserad Fund, which will allow Swedish retail clients to invest like large institutional investors, offering access to asset classes like hedge funds, commodities, real estate and managed futures in a single daily liquidity UCITS product. The fund is relatively unique in Sweden in that it is truly multi-asset by investing in nine different asset classes.”
Susanne Bolin-Gärtner, head of Folksam fund selection, says: “Gottex GMA Balanserad Fund complements our range in a very positive way and when we saw the chance to be the first in Sweden to offer Gottex multi-asset UCITS products we had no doubt at all.”