Paris-based quantitative asset manager Uncia AM has launched the Uncia Small Premia fund, a patrimonial long/short fund focusing on European small and mid caps, on 13 July 2017.
The fund will seek to outperform its composite benchmark – 30% Stoxx 600 Index + 70% Eonia capitalised – over a rolling period of five years.
The manager will rely on a proprietary quantitative analysis and scoring model to support investment decisions.
The investment team will pick small and mid caps from the MSCI Europe Small Cap Net Total Return Euro index whilst futures on the Stoxx 600 index will be sold.
The portfolio’s net exposure to markets will be comprised between +20% and +40% of its net assets.
The launch of this new strategy follows that of Uncia Smart Premia in August 2016. It pursues the development on the quantitative segment of Uncia AM which was initially designed as a stock-picking boutique.
Uncia AM was founded in 2013 by Vincent Fourcaut, Mickael Cohen and Julien Messias.