La Française Global Investment Solutions (La Française GIS), the alternative branch of Paris-based group La Française, has seen a 70% rise in assets under management over the nine first months of 2016, to $7.8bn (€7.04bn).
The assets under management of its premia strategy, managed by La Française GIS’ asset management company, La Française Investment Solutions, have seen assets under management more than tripling since the start of 2016, to $890m (€803.46m) as of 25 October 2016.
La Française IS closed the “early bird” share class of its LFIS Vision Ucits – Premia fund, the firm specified.
La Française IS’ premia funds are multi-asset strategies combining risk and style premia across asset classes to generate uncorrelated, absolute returns.
Guillaume Dupin, head of Absolute Return Strategies at La Française IS commented: “Our answer to investors search for yield is a market-neutral, multi-strategy solution capturing numerous premia across asset classes. The result is a multi-asset fund which is positioned to deliver strong, uncorrelated returns over the long-term and across market cycles.”