Unigestion partners with Railpen to launch multi-factor funds

Handshake contractSwiss asset management boutique, Unigestion, has launched two multi-factor equity funds in collaboration with a client, RPMI Railpen, the investment manager for the UK’s Railways Pension Scheme. Railpen is providing the seed capital for both funds, although the firms were not able to confirm the amount at time of writing. One fund is long-only, while the other is long/short, and the use of factors in both funds involves allocating to high quality value stocks, less volatile momentum stocks, more diversified quality stocks and more stable small-cap stocks. “As equity factors tend to be cyclical, we can significantly improve the risk-return profile of the strategy by allocating between factors at different points of the market cycle,” said Alexei Jourovski, managing director and head of equities at Unigestion. Unigestion had €15.3 billion in assets under management, as of September 03, 2015. ©2016 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.