Tages Capital’s Luxembourg domiciled range of UCITS absolute return funds has been added to the Allfunds Bank fund distribution network.
The funds will be immediately available to Allfunds’ clients in Italy, Spain, Switzerland and the United Kingdom and will also benefit from the presence of Allfunds in over forty countries.
Tages Capital, one of Europe’s leading specialist alternative asset managers, partners globally with pre-eminent investment managers to bring high quality absolute return strategies to the UCITS alternative market. Tages International Funds SICAV is a fully independent Luxembourg UCITS platform with partnerships including Anavon Capital, Cygnus Asset Management, P Schoenfeld Asset Management (PSAM) and Rotella Capital Management.
Tages Capital’s Luxembourg UCITS fund range currently available through Allfunds include:
Anavon Global Equity Long/Short UCITS Fund, managed by Avraham Mevorah and Avi Fruchter of Anavon Capital in London, is a strategy focussed on identifying overlooked opportunities in developed markets both on the long and short side through a highly liquid portfolio.
Tages Cygnus Europa Event Driven UCITS Fund, managed by José Luis Perez and his team at Cygnus Asset Management in Madrid, has the objective of capturing investment opportunities around corporate activity in Europe. The fund aims to generate equity-like returns uncorrelated to the market.
Tages PSAM Credit Fund, managed by New York based P. Schoenfeld Asset Management (PSAM), seeks to generate attractive risk adjusted returns from a portfolio of liquid long and short high yield bonds with a focus on catalyst-driven situations.
Tages Rotella UCITS Fund, managed by Chicago based Rotella Capital Management, is a systematic managed futures fund which aims to achieve long-term capital appreciation with a low correlation to equity and fixed income markets, particularly in times of market stress.
Jamie Kermisch (pictured), CEO at Tages Capital, says: “We are delighted that our UCITS alternative funds are now available to investors on the Allfunds platform which will enable a broader group of investors to benefit from our absolute return strategies. These funds continue to offer access to leading hedge fund portfolio managers with truly differentiated absolute return strategies.”
