Swiss banking group SYZ & CO has unveiled a new fund that employs a credit strategy combining European corporate bonds with flexible market exposure hedging.
Dubbed as OYSTER Flexible Credit, the Luxembourg-domiciled Sicav has an annualized return objective of 8% with a Sharpe ratio of 1 over a whole credit cycle.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The fund, which is NewCITS product, will be managed by Paris-based investment firm Eiffel Investment Group and will benefit from the changes in the European UCITS standard to propose an unconventional
strategy that meets investors’ needs.
The fund’s management team will be led by Emmanuel Weyd, chief credit investment officer of Ei
ffel Investment Group.
Following a bottom-up approach, the flexible credit fund will hold between 30 and 40 different positions, with an emphasis on special situations.
The fund’s net exposure may vary between -25% and 150% and it will manage market risk exposure by taking positions on indices. This net exposure will allow the fund manager to protect capital in periods of stress as well as increasing gains during buoyant markets.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn addition, the fund will also identify loans that have been inaccurately valued or poorly understood by the market.
