Damon Hambly, CEO for Natixis in Australia, said: “We are delighted to announce a new client for our affiliate, H2O Asset Management. The client’s decision shows further recognition in the expertise of H2O in generating alpha.”
H2O CEO, Bruno Crastes, commented: “The share class was created for Australian wholesale investors looking for the ability to generate alpha across FX, rates and credit with a proven process and a 20-year track record in the industry”.
Louise Watson, Managing Director for Natixis in Australia, said: “In a time when investors are seeking differentiated sources of alpha for a compelling fee, H2O’s returns in global macro – from bonds and currencies in particular – have outstripped some of the world’s best performing managers.
“H2O has built a high-performance culture where ideas are generated through deep research and long track records of analysing investor behaviour, investing across regions and financial instruments.”
H2O Adagio is an absolute return strategy managed with an annual ex-post volatility target comprised between 2% and 4% over the recommended investment horizon of two years. It invests in fixed income (sovereign debt, investment grade credit, high yield) and currency markets. The H2O Adagio Fund has delivered investors a 4.31% p.a. return (after fees) since inception August 23 2010 to October 31 2018, generating 4.26% p.a. above the fund’s benchmark, EONIA, over the same time period.
H2O is a specialist in global macro multi-strategy investments. It was launched in 2010 and has US$29.8bn of assets under management as of end of September 2018. The London-based manager’s investment philosophy is based on a top-down, unconstrained approach. It has a strong currency contribution and limited exposure to credit.
About H2O Asset Management
Specialised in Global Macro management, H2O Asset Management is a London-based company founded in 2010 by Bruno Crastes and Vincent Chailley and is made of 24 funds managers, and an overall staff of 66 professionals. Part of the multi-affiliate model of Natixis Investment Managers, H2O Asset Management is able to leverage on the support of Natixis Investment Managers sales teams in Europe and elsewhere. H2O Asset Management offers a comprehensive range of UCITS funds in global bonds, currencies and equities, serving institutional and corporate clients as well as individual investors. H2O Asset Management has US$29.8bn of AuM as of 30/09/2018.
H2O ASSET MANAGEMENT L.L.P. Authorized and regulated by the Financial Conduct Authority (FCA) FCA Register no. 529105 Headquarters: 10 Old Burlington Street – London W1S 3AG – United Kingdom
About Natixis Investment Managers
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 26 specialized investment managers globally, we apply Active Thinking® to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis ranks among the world’s largest asset management firms1 with more than $1 trillion assets under management2 (€861 billion AUM). Headquartered in Paris and Boston, Natixis Investment Managers is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. For additional information, please visit the company’s website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers. Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, L.P. and Natixis Investment Managers S.A.
1 Cerulli Quantitative Update: Global Markets 2018 ranked Natixis Investment Managers (formerly Natixis Global Asset Management) as the 16th largest asset manager in the world based on assets under management as of December 31 2017.
2 Net asset value as at September 30 2018, Assets under management (“AUM”), as reported, may include notional assets, assets serviced, gross assets and other types of non-regulatory AUM.