Launched in October 2019, the tailored product managed by alternatives provider SYZ Capital, in partnership with Banca March has reached the symbolic milestone of EUR200 million of assets under management – effectively doubling in a year.
The fund has also made, since its October 2019 inception, an annualised return of 5.4 per cent while enjoying an exceptional 1.3 Sharpe ratio, leading its peer group.
Managed by a team led by veteran fund manager Cédric Vuignier, head of liquid alternative managed funds, OYSTER BM Alternativos invests in select equity hedge, event driven, macro and relative value strategies with the aim of providing resilience to market sell-offs.
“We’ve been particularly strong on a risk-adjusted basis thanks to our actively managed approach. The liquidity terms of the alternative UCITS vehicles have allowed us to be dynamic in difficult environments,” explains Vuignier.
Such rapid growth is the result of an excellent work dynamic between the partner institutions, clear client communication by the front office, as well as the privileged access Syz Capital has historically enjoyed with some of the best fund managers in this space.
Juan Antonio Roche González, member of the Banca March executive, says: “Alternative investments are the quintessence of the active management in which Banca March deeply believes. This vision came together in 2019 when we agreed to launch a formula with Banque Syz to create a key offering for client portfolios – one that bonds are no longer able to satisfy. This natural partnership, between two family-owned specialists, had the best possible test navigating through the Covid months, when transparency and market insight were essential. The outcome could not be better: bold performance and outstanding AuM. We look forward to the opportunities to come.”
