Bringing you live news and features since 2006 

Ignis Argonaut European Alpha Fund launches Euro unit class

RELATED TOPICS​

A new Euro unit class has been launched for the top-performing EUR416m Ignis Argonaut European Alpha Fund, managed by Barry Norris.

 

The fund, which has outperformed its benchmark by 35.3%* since launch in May 2005, provides a dynamic approach to alpha generation, investing in a concentrated portfolio of companies based in Europe excluding the UK.

The Euro unit class complements the existing Argonaut product range, which includes a Pan European Alpha fund, and a Europe ex UK and Pan European Income strategy. It is suited to investors seeking a high alpha product which is able to invest in companies across the Europe ex UK region as well as those who do not want to be limited to the European Monetary Union (EMU) universe.

Funds with an EMU benchmark are unable to invest in some of Europe’s largest markets, such as Switzerland, Sweden, Norway and Denmark, and therefore tend to have a higher weighting to peripheral markets in southern Europe. In contrast, Norris, who co-founded the Argonaut boutique in 2005, has generated his outperformance from an unconstrained approach to investing in markets. He currently has his highest weightings to Germany, Switzerland and Norway.

Philip Goldsmith (pictured), Managing Director Europe, says: “The European Alpha fund has been an extremely strong performer since launch and investor demand has been growing for a Euro unit class. We are pleased to be able to meet that demand and we look forward to the fund continuing its impressive record of outperformance.”

The fund is registered for sale in Austria and Germany and registration is currently being sought in France, Italy (institutional), Spain and Switzerland.

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
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