10/02/2011
Crastes launches a range of global macro ucits funds
H2O Asset Management, a London-based entrepreneurial venture created by Bruno Crastes, CEO, and Vincent Chailley, CIO, is launching a range of “global macro” UCIT funds: H2O Patrimoine, H2O Multibonds, H2O Adagio, H2O Moderato. The range provides institutional, corporate and private investors with access to global macro type strategies within UCIT funds. H2O Patrimoine is a flexible diversified management, with a three-year goal of maximizing performance beyond its reference indicator while promoting wealth growth. H2O Multibonds is a multi-currency global bond management with a three-year goal of outperforming the JPM Government Bond Index Broad by 2% per year (Part I). Finally, H2O Adagio and H2O Moderato rely on a non-benchmarked management with an annualized performance goal over 1 year and 2 years: capitalized Eonia rate +1% per year and capitalized Eonia + 2% per year (parts I), while maintaining the lowest possible correlation with markets.With a team of thirteen professionals, including six asset managers and one analyst, H2O Asset Management has formed a partnership with Natixis Asset Management and leverages the support of its sales teams in France and of its support functions, such as middle office, IS, reporting, risks, etc. For international distribution, it relies on the teams of Natixis Global Associates. H2O Asset Management manages today close to EUR522 million of assets (02/02/2011). It is expecting another EUR500m.
