Privium Fund Management BV is to launch the SAVIN Multi-Strategy Arbitrage Fund (SAVIN), which will focus on equity arbitrage strategies and volatility trading, in February 2021 having already received commitments in excess of EUR20 million (USD24 million).
The Fund’s objective is to achieve an average annual return of 8 per cent, net of fees, with a low volatility and low correlation to equity markets. To achieve this, the strategy of the Fund is to employ complementary arbitrage strategies, striving for positive returns regardless of market conditions or general market direction.
The SAVIN portfolio management team will be formed by Iain Somers, Bas Emmerig and Ricardo Westra. Erdem Yavuz will be responsible for Business Development.
Somers says: “The vast experience and expertise of our team and the way we are able to combine all of our strategies into one Fund makes it a true differentiator to our peers. Through our trading strategy SAVIN provides market exposure uncorrelated to general equity market trends to which an investor’s portfolio is likely to have significant exposure. Our strategies can perform in various market conditions and our trading models adapt to changing market conditions. Through our tail risk strategy our volatility trading will be long biased, targeting capital preservation in adverse market conditions.”
Emmerig says: “Current market valuations and a persistent low interest rate environment pose a major challenge for traditional investors. The portfolio for the next decade requires more focus on incorporating alternatives. We are able to offer an attractive alternative to the fixed income allocations of investor’s portfolio by deploying a strategy focused on delivering uncorrelated returns and the ability to profit from volatility. SAVIN is a true diversifier and aims to enhance the risk return profile of our investor’s investment portfolios.”
