Syz AM expands reach of Oyster Absolute Return fund range in the UK
Syz Asset Management has announced the merger of its SYZ AM (Lux) Absolute Return Institutional funds with its Ucits compliant UK-registered OYSTER Absolute Return funds, in a bid to open up the strategy to both wholesale and retail investors in the UK.
Previously, the SYZ AM (Lux) – Absolute Return Institutional funds were only available to institutional investors. The merger with the UCITS UK-registered OYSTER Absolute Return funds will make the strategy available to a wider investment public. In particular, a RDR compliant GBP retail share class will now be offered.
SYZ’s multi-asset approach combines cash, bonds, equities and alternative investments, the absolute return strategy has been pursued over the last 11 years by the same in-house investment team. The team includes Fabrizio Quirighetti, head of Multi-Asset, Roberto Magnatantini, head of Global Equities, Jérôme Schupp, head of Research and Adrien Pichoud economist.