Edmond de Rothschild has launched a mixed assets global defensive fund of funds, the Prifund defensive strategy, the Geneva asset manager told Citywire Switzerland.
In this video, new manager on the fund Gilles Prince, deputy CIO and head of discretionary investments, discusses the strategy of the new diversification product for defensive investors.
Prince explains why he believes risk is low at the moment and talks about the potential repercussions of reaching the end of a nine-year equity bull market cycle.
The manager runs the fund alongside Alexandre Wieczorek since its launch in October 2016.
The fund invests across all asset classes with a defensive bias, measured by Edmond de Rothschild's in-house risk indicator.