Bringing you live news and features since 2006 

Lutetia Capital co-founder Fabrice Seiman

French Ucits hedge fund sees assets increase 2,600 per cent

RELATED TOPICS​

The Lutetia Patrimoine Fund, a Paris-based Ucits absolute return fund specialising in merger arbitrage, celebrated its first birthday last week with a 26-fold increase in assets under management.


The Lutetia Patrimoine Fund, a Paris-based Ucits absolute return fund specialising in merger arbitrage, celebrated its first birthday last week with a 26-fold increase in assets under management.

The first offering from independent asset manager Lutetia Capital, the weekly-dealing Patrimoine Fund launched with USD3m on 27 November 2010.

Since then assets have steadily increased to approximately USD80m.
 
Lutetia Capital co-founder Fabrice Seiman says: “We launched the Lutetia Patrimoine Fund with the goal of democratising hedge fund strategies, using a strategy that is rare among Ucits funds. We have shown not only that our strategy can work, but that it can excel in delivering consistent, risk-adjusted returns to investors—within Ucits guidelines for transparency and liquidity. As we always say, slow and steady wins the race. With the M&A cycle continuing to accelerate, we see great things for this fund.”
 
The Lutetia Patrimoine Fund is available through its custodian, BNP Paribas.

Latest News

Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..
Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended the week at approximately USD68,150, marking a 12.1..
Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by