LRI Group, the leading independent investment services company, in partnership with TAO Alternatives has announced that the TAO Alternatives liquid alternative investment strategy has exceeded EUR500 million in assets under Management (AuM) in February 2018 on LRI Group’s UCITS platform.
LRI Group announced the partnership with TAO Alternatives in September 2017 when the investment strategy was at EUR250 million AuM. The strategy has doubled in size in six months due to several big mandate wins from German pension funds and pension schemes. The investment strategy has also received increased interest from the UK and Switzerland markets.
The strategy is unique as it is highly diversified, aims to avoid tails risk by adding long volatility transactions and delivers consistent returns in the long-run.
Fund managers Achim Motamedi and Stefan Müller, says: “With a track record of more than ten years, this is one of the oldest risk premia absolute return strategies in the German-speaking world. Most fund concepts from other providers have only been around for a few years and have no track record that covers difficult periods such as the 2008/09 financial crisis.
“We are very pleased with how the investment strategy is growing. We’ve seen great interest from institutional investors across Europe, in particularly in Germany and we hope 2018 will be an even better year for us.”
Michael Sanders (pictured), Managing Director, LRI Invest, says: “We are very happy to see the TAO Alternatives funds exceed the EUR 500 million milestone. The investment strategy has gone from strength to strength and is attracting great interest from wider Europe. We look forward to continuing to work with TAO Alternatives and being part of their success story.”
The UCITS fund DIAMOND I SICAV – Opportunities Fund (LU1301736242) is registered in Austria, Germany and Luxembourg, the PLATINUM I SICAV – Opportunities Fund (LU0858094823) is registered for institutional investors in Austria, the UK and Luxembourg and is also available to qualified investors in Switzerland and shortly in other countries.
