DEXIA INDEX ARBITRAGE PDF

In September , Dexia Asset Management strengthened its absolute performance products by launching the Dexia Index Arbitrage fund. Candriam Index Arbitrage Classique EUR – The fund aims to outperform, Chinese private equity firms in line to buy Dexia AM are particularly. Dexia Asset Management – Dexia Index Arbitrage Dynamique FCP company research & investing information. Find executives and the latest company news.

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It has been tough to collect in continental Europe as inflows have been more ihdex in Germany. Launched in Septemberthe fund has sought to exploit the inefficiencies generated by readjustment in equity indexes and has been managed by Emmanuel Terraz since its inception.

Dexia Asset Management: what would a buyer get? – Citywire

Furthermore, the implementation of a growth pact is looking increasingly likely, with the EIB as the European body which would issue infrastructure loans. Register free for our breaking news email alerts with analysis and cutting edge commentary from our award inddex team. Registration only takes a minute.

They are granted a variable remuneration nidex to the performance of the underlying funds via performance fees. If the European situation worsens, the ECB could cut its base rates and deploy unconventional measures to support the markets. In general, we remained rather cautious in our investments, especially in Europe.

To change your deia please see our policy. Murata Five giant funds with the biggest net outflows in H1. At company level, Dexia Asset Management S. The ratings agencies are increasingly concerned by the absence of growth in Europe resulting from the austerity measures applied in most European countries. We are arvitrage receiving many applications from London.

Our outlook is cautious and volatile as our insex are suitably positioned to capture market value while seeking to limit downside; but it is often accompanied by a period of stress. Dexia holds emergency meeting as collapse fears mount Dexia on brink as France and Belgium work on lifeline Dexia launches global macro Newcits fund Dexia explains soft-closure of Index Arbitrage fund In graphs: We have not been impacted by the regulation as we are used to managing funds in a regulated environment with high transparency for more than 15 years now.

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Other newcits funds with a strong three-year track record are the Dexia Multi Strategieswhich is centred on the concept of achieving low volatility and weekly liquidity. The unrelenting market stop-and-go is proving costly in terms of risk management for many actors, and some fund managers are losing performance points in this exercise.

It generated a total return of 3. By your continued use of this site you accept such use. We have profited from the opportunities which have arisen while being very flexible and reactive in our investment rate. Daniel Ivascyn Five giant funds with the biggest net outflows in H1. Alternative managers must ensure that, even during periods of stress, they are able to provide liquidity, and that requires special expertise.

In Europe, there are persistent peripheral sovereign debt fears, particularly in Spain.

Funds exposed to non-European assets are more attractive due to the European sovereign crisis. Richard Titherington Why regional approaches are the future of passives. Among these funds, dexiaa cover a range of asset classes and markets, one of the best performing offerings is the Dexia Index Arbitrage fundwhich has achieved 7. Its strategy relies on exposure to a range of alternative and traditional funds.

Event driven strategies which are sustained arbitragge the positive trends on risky assets are also among the successful strategies of 1Q Clearly yes, many smart and experienced people are looking for jobs.

In the current context, we remain flexible and extremely vigilant in our investment approach, as there is still a long way to go. Over the past three years it has achieved 3. We use cookies to give you the best experience on our website. Private equity firms, bankers and analysts will therefore be keeping a close eye on developments at Dexia with a view to buying up arbitrqge asset management firm, desia the bank opt for a sell-off.

There is no change for us as an above-threshold deferred bonus was already in place before the new regulations were applied.

Email address es to send to: There was an error sending your email. The main indez is on liquidity, and the liquidity of some strategies depends on how liquid the underlying assets ijdex, and how well calibrated their strategies are. Register for email alerts. To be clear about one thing, UCITS funds are not miracle products that deliver the same returns as hedge funds while offering more liquidity and less risk.

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We use cookies to improve your experience. Other strategies continue to be impacted by the eligibility of the products commodities, loans, etc. You can continue to use the website and we’ll assume that you are happy to receive cookies. There is minor additional impact in terms of diversification and arbtrage.

If you would like to, you can find out more about cookies and managing them at any time here.

News & Events

Almost halfway throughwe are observing continuing interest for uncorrelated strategies inedx CTAs and Market Neutral approaches from institutional investors, as was the case toward the end of The main cost is liquidity.

Delivering positive returns which are uncorrelated from the markets amid a succession of crises with almost zero visibility is a real challenge facing alternative investment fund managers. Newcits, which by their very nature can invest only in liquid assets and strategies to match the liquidity they offer to their clients, ddxia unlikely to capture this liquidity premium. Dexia Asset Management, along with Turkish retail bank Denzibank, are viewed as two of the more healthy segments of the under-pressure bank, but there is potential both could be sold in order to stave off collapse.

We at Dexia Asset Management have agbitrage covered our different risks through various channels and have always had a dedicated and independent team on our alternative side, checking daily that at any given moment the fund respects pre-established internal limits in terms of, for example, exposure, VaR, stress test and liquidity. Investors are also showing an appetite for more opportunistic strategies such as Dexiw Corporate Credit, which benefits from the liquidity-injection policies adopted by the Central Banks and the relatively good health of issuers.