Tages Capital, company active in the management of alternative assets, announces that from today the funds absolute return of Tages International Funds, a Luxembourg Sicav harmonized with the UCITS Directives, will be available on Allfunds Bank, the largest fund distribution network in Europe. The funds of Tages Capital will thus be immediately accessible to fund selectors in Italy, Spain, Switzerland and the UK, and will benefit from the presence of Allfunds in more than forty countries.
Tages Capital can currently count on some partnerships with important international managers to be able to offer investment strategies absolute return on the UCITS alternative funds market. Tages International Funds SICAV is a fully independent Luxembourg-registered UCITS-compliant platform with partnerships that include industry-leading managers such as Anavon Capital, Cygnus Asset Management, P. Schoenfeld Asset Management (PSAM) and Rotella Capital Management.
Tages Capital's UCITS funds under Luxembourg law, which are currently available on the Allfunds Bank platform, are specifically:
Anavon Global Equity Long/Short UCITS Fund, managed by Avraham Mevorah and Avi Fruchter of London-based Anavon Capital, which is based on a strategy aimed at identifying the best opportunities in developed equity markets, with an long / short, via a highly liquid portfolio.
Tages Cygnus Europe Event Driven UCITS Fund, managed by José Luis Perez and his Madrid-based team, with the aim of seizing investment opportunities in the corporate sector in Europe. The fund aims to generate returns similar to those of equities but not correlated to market performance.
Tages PSAM Credit Fund, managed by New York-based P. Schoenfeld Asset Management (PSAM), which aims to generate high returns risk adjusted thanks to a portfolio of high yield bonds with a strategy long / short and a focus on specific and idiosyncratic situations.
Tages Rotella UCITS Fund, managed by Rotella Capital Management of Chicago, is a strategy-managed fund managed futures with a specialist and systematic approach, aiming to achieve long-term capital growth with low correlation to the equity and bond markets, particularly during periods of market stress.
Jamie Kermisch, CEO of Tages Capital, commented: “We are delighted that our UCITS alternative funds are now available to investors via the Allfunds platform, which will allow a wider audience of investors to benefit from our absolute return strategies. The funds continue to offer access to world-class hedge fund managers with a diverse range of absolute return strategies".
