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Laffitte Funds Laffitte Dynamic Strategies EUR-I

Ranked 16 out of 73 in - Market Neutral over 12 months
All calculations are in EUR unless stated

Managed by

Gabriel Teodorescu

Gabriel Teodorescu joined CIC in 2000 to develop their basket trading operations in Northern Europe and their merger arbitrage strategy in the US. Teodorescu has 22 years of experience, and started his career as a risk analyst at Société Générale. A year later he was promoted and started trading interest rate swaps and emerging market bonds for the same entity. Teodorescu graduated with a Masters in Finance from Paris Sorbonne University.

Arnaud Yvinec

Arnaud Yvinec works as CEO and fund manager at Laffitte Capital Management and has 27 years of experience in trading. He started his career as a Quant at SDBO (ex-Crédit Lyonnais) and traded options and convertibles bonds. Then he moved to CIC to set up a new subsidiary (CIC Equity Derivatives) and started their basket trading, merger arbitrage and equity finance activities with Eric Robbe. They were both pioneers in delta one arbitrage in France. Yvinec graduated with a masters in finance from Paris Sorbonne University.

Objective

With a global mandate, the fund aims at implementing complementary arbitrage strategies to deliver absolute performance.The sub-funds goal is to achieve an absolute performance un-correlated to the market. The objective of the management team is to obtain performance un-correlated to the market by using different discretionary arbitrage strategies. The performance of the sub-fund is not assessed in relation to the evolution of a benchmark. Nevertheless, the performance may be compared ex-post to yearly EONIA capitalized.The sub-funds objective is to implement arbitrage strategies by using an approach based on three main principles: a fundamental analysis linked to a statistical-probabilistic analysis and an optimization of the portfolios allocation based on the risk/reward of each position.

Showing fund performance in Denmark View performance globally

Performance

Market Neutral over : 30/09/2017 - 30/09/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 0.8% -1.2% 0.4%
2017 0.1% -1.1% -0.2% -0.2% 1.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Luxembourg

Fund Info

  • Launch date06/10/2017
  • Share Class size35Mn
  • Base currencyEUR
  • ISIN LU1602252543

Purchase Info

  • Min. initial investment150,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).