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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We have not been impacted by the regulation as we are used to arbitrate funds in a regulated environment with high transparency for more than 15 years now.

Investors are also showing an appetite for more opportunistic strategies such as High-Yield Corporate Credit, which benefits from the arbiyrage policies adopted by the Central Banks and the relatively good health of issuers. We use cookies to give you the best experience on our website.

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

We use cookies to improve your experience. Register for email alerts. Over the past three years it has achieved 3. At company level, Dexia Asset Management S. If the European situation worsens, the ECB could cut its base rates and deploy unconventional measures to support the markets.

In Europe, there are persistent peripheral sovereign debt fears, particularly in Spain. Murata Five giant funds with the biggest net outflows in H1. 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: Event driven strategies which are sustained by 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.

Deexia at Dexia Asset Management have always 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.

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Hedge fund interview with Dexia Asset Management

There is no change for us as an above-threshold deferred bonus was already in place before the new regulations were applied. Alternative managers must ensure that, even during periods of stress, they are able to provide liquidity, and that requires special expertise.

Among these funds, which cover a range of asset classes and markets, one of the best performing offerings is the Dexia Index Arbitrage fundwhich has achieved 7. Our outlook is cautious and volatile as our funds are suitably positioned to capture market value while seeking to limit downside; but it is often accompanied by a period of stress.

The main cost is liquidity.

Like all other forms of risk, liquidity risk must naturally be remunerated with additional returns arbitrzge the medium term. It generated a total return of 3.

They are granted a variable remuneration linked to the performance of the underlying funds via performance fees. Furthermore, the implementation of a growth pact is looking increasingly likely, with the EIB as the European body which would dexis infrastructure loans.

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Email address es to send to: You can continue to use the website and we’ll assume that you are happy to receive indes. To be clear about one thing, UCITS funds are not miracle products that deliver ddexia same returns as hedge funds while offering more liquidity and less risk.

We have profited from the opportunities which have arisen while being very flexible and reactive in our investment rate. Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. We have also put a special focus on tail-risk management with, for example, options and volatility products, to hedge extreme drops. Private equity firms, bankers and analysts will therefore be keeping a close eye on developments at Dexia with arbiyrage view to buying up the asset management firm, should the bank opt for a sell-off.

In general, we remained rather cautious in our investments, especially in Europe. There was an error sending your email. 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. Almost halfway throughwe are observing continuing interest for uncorrelated strategies like CTAs and Market Neutral approaches from institutional investors, as was the case toward the end of We are also receiving many applications from London.

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If you would like to, you can find out more about cookies and managing them at any time here. The main impact is on liquidity, and the liquidity of some strategies depends on how liquid the underlying assets are, and how well calibrated their strategies are.

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. Dexai 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. Funds exposed to non-European assets are more attractive due to the European sovereign crisis.

By your continued use of this site you accept such use. Other strategies continue to be impacted by the eligibility of the products commodities, loans, etc.

Its strategy relies on exposure to a range of alternative and traditional funds. Delivering positive returns which are uncorrelated from the markets amid a succession of crises cexia almost zero visibility is a real challenge facing alternative investment fund managers.

There is minor additional impact in terms of diversification and leverage. Over the years, we have enhanced our risk management philosophy in some funds through the implementation of risk budget allocation per strategy, per position, or by adjusting stop-loss policies at position cexia fund level.

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.