Laffitte Capital Management has launched an arbitrage equity fund using a Ucits III format, called Laffitte Equity Arbitrage.
The fund’s strategy is to detect the best arbitrage opportunities in Europe and in North America by using a double thematic approach.
Event aggregates long/short positions based on catalysts like merger, pre-merger or index re-balancing, while thematic structure of capital positions are based on right issues, dual listing, share class, arbitrage and holding arbitrage.
“Our goal is to propose our clients a wider arbitrage fund uncorrelated to the equity markets. The process is similar to our other funds. It uses a fundamental analysis linked to a probabilistic-statistical analysis and an optimisation of the portfolio’s allocation,” says Arnaud Yvinec (pictured), co-manager of the fund.
Laffitte Equity Arbitrage will have a daily liquidity and will be referenced on life insurance platforms.
