This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
Money Marketing Cover

December launch for Syz's nextgeneration platform with UBS

  • Print
  • Comment

Fund of hedge funds manager Syz Asset Management will unveil a defensive multi-manager product on December 1 for the managed accounts platform it has developed with UBS.

Syz describes the platform as “a next generation platform” because it will enable hedge fund managers to keep their existing arrangements with prime brokers and frequency of dealing. Syz will be responsible for the investment side of the platform while UBS will provide administrative, reporting and risk management services.

Syz will select hedge fund managers for the platform and develop multimanager products that invest in the managed accounts available on the platform. The firm will also run its own mandates on the platform.

Syz says the new multi-manager product will combine two investment strategies to generate returns that are not correlated to traditional asset classes and produce strong performance during difficult times where equity markets are undergoing a correction.

Syz head of alternative investments José Galeano says: “One advantage of managed accounts is the segregation of assets and the second is risk management. We determine the investment mandate and the underlying manager cannot trade outside the risk mandate.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Taxbriefs Advantage
Advantage is a digital reference source giving unbiased, independent, answers to your technical queries. Subscribe to Taxbriefs Advantage.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick



Poll

Do you agree with calls for a flat 30% rate of pensions tax relief?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments