Banca Patrimoni Sella and Rothschild AM have partnered for the launch of R Profilo BPA Selection, a flexible and global multistrategy fund of funds.
R Profile BPA Selection invests in Ucits using absolute return strategies and it Ucits using directional strategies, and aims at achieving performance above 3m EURIBOR with a maximum annual volatility from 6% to 9%.
The underlying of the Euro-denominated fund of funds is represented by directional strategies (equity, bond and monetary funds) and by alternative strategies (long-short, arbitrage/RV, global macro, systematic, event driven,etc), making the fund’s management particularly flexible.
Banca Patrimoni Sella manages the directional strategies of the fund, while Rothschild AM is responsible for the management of the alternative strategies. The investment percentage may vary between 30% and 70% for each of the two asset classes and is defined by monthly investment committees between the two asset managers.
Rothschild AM partnered with French independent financial adviser Haussmann Patrimoine for the launch of another flexible fund of funds on April 2018.