14 November 2012
Seeyond Flexible MT rewarded at 2012 Globes de la Gestion awards
Seeyond Flexible MT has taken 1st prize in the "Flexible" fund category at the 2012 Globes de la Gestion awards, given by Gestion de Fortune magazine.
The award recognizes the high quality of investment management at Seeyond, Natixis AM's investment division in volatility management and structured products, and its capacity to generate performance.
/// Seeyond rewarded for flexible expertise
In a still complex market environment, flexible strategies provide responsiveness and diversification and can help investors mitigate shocks while still profiting from rallies. Seeyond Flexible MT has proved its resilience in this environment.
As Frank Trividic, head of Flexible Beta & Volatility management of Seeyond, explains: "Investors have to cope with increasingly complex and volatile markets. Diversifying is a must, but no longer suffices to control risk.
We offer them a dynamic and opportunistic multi-asset class management where each market and geographical area is analyzed independently, making for considerable responsiveness to adjust the exposures and capture market uptrends while mitigating the impact of downtrends."
Seeyond Flexible MT aims to achieve a positive performance by exploiting investment opportunities primarily across global equity, fixed income and currency markets over a minimum recommended investment horizon of 3 years. Equities exposure can be up to 50%.
Stéphanie Bigou, fund manager of Seeyond Flexible MT explains: "We combine the use of proprietary quantitative tools with a discretionary approach.
The joint use of these approaches makes it possible to achieve a steady performance that is less-correlated compared to that of the main asset classes. To satisfy our objective, we implement various strategies, including directional or arbitrage positions.
Additionally, we make full use of all authorized exposure margins in a very broad investment universe, especially equities, sovereign bonds, credit, currency (up to 100%), emerging markets (up to 40%), and so on. We can also choose to move entirely to cash if our anticipations about risky asset classes were negative."
/// Les Globes de la Gestion in brief
The Globes de la Gestion are a new range of investment awards designed to bring together key players in the asset management universe and recognize fund managers across 8 categories. The methodology was developed in partnership with Quantalys, a firm specialized in measuring fund performance.
Funds are selected based on their 5-year Sortino index. This is similar to the Sharpe index but substitutes DSR (downside risk) for global volatility in the denominator.
DSR is volatility measured solely when the market performance is bearish (i.e. below a certain value, in this case the performance of Eonia).
The core idea is to recognize that volatility (the variation of a security around its average value) only becomes a problem when value is falling.
Consistent with the aim of honoring funds that are resilient in bear markets, only those funds whose maximum drawdown over five years was less than average for their category are eligible.
/// FURTHER INFORMATION
Source: Gestion de Fortune – 12.2012
The quoted figures refer to the past. Past performance is not a reliable indicator of future performance. References to a ranking, prize, or grading for a UCITS are not an indication of its future performance. The main investment risks are capital loss risk, discretionary management risk, over-exposure risk and equity risk. For further information see the prospectus/key investor information on www.seeyond-am.com.