Notenstein La Roche has liquidated its European equity fund, Citywire Switzerland can reveal.
According to a spokesperson at the firm, the Notenstein La Roche Europa fund was closed for strategic reasons.
The fund was managed by Citywire A-rated Matthias Geissbühler, who is head of investment strategy and research, and CIO at the firm.
His co-manager was Antoine Diserens, who is still head of research at the bank. Both managers continue to look after other strategies.
Geissbühler is in charge of Notenstein La Roche Asia Opportunity, Notenstein La Roche CH Mid-Small-Index Active Plus fund and Notenstein La Roche North America fund.
According to the factsheet from September 2016, the Notenstein La Roche Europa Fund, which was launched in April 2013, had CHF 44 million assets under management.
Its goal was to invest in securities of large-cap companies domiciled in the Eurozone or the UK.
The top three positions in the fund at the time were Sanofi (3.8%), Siemens (3.6%) and Unilever (3.5%).
The Notenstein La Roche CH Mid-Small-Index Active Plus fund has returned 42.74% in Swiss franc terms over the past three years to the end of January 2017. Its Citywire-assigned benchmark, the Swiss Performance Index Small & Mid, returned 37.51% over the same timeframe.