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Geneva private bank launches two equity strategies

Geneva private bank launches two equity strategies

Geneva-based Banque Cramer is launching two equity funds, Citywire Switzerland can reveal.

The first strategy, Unicorn BCC Equity Switzerland, was launched on 17 March 2017 on the bank's Luxembourg Sicav platform. It is a successor of the recently closed BCC Swiss Stocks fund, which was only available for Swiss investors.

The core strategy of the new fund will follow in the footsteps of its predecessor. Fund manager Markus Fischer will use Banque Cramer’s primeSelector platform as a quality screen.

When talking to Citywire Switzerland in December 2016 Placido Albanese, CIO of the firm, explained that this equity selection tool screens stocks using five main factors: Piotroski score, risk, intrinsic value, momentum and estimates.

However, Albanese added that during stock selection for the Unicorn BCC Equity Switzerland fund other factors can be applied.

He said the investment team shares a lot of knowledge with the platform, but in the end it matters how you combine different factors.

‘Five PRIME factors are a basic wellness package, we use those as a quality screen. In primeSelector the ranking of the stocks depends on the order in which different factors are applied.'

The second strategy will be called Unicorn BCC Equity Europe and is set to be launched in two weeks’ time, with its prospectus already filed to Finma. It will use the same techniques as the Swiss equity fund, with Markus Fischer responsible for the strategy.

‘The majority of our clients are European and therefore European equity is a natural module for our client base,’ Albanese said.

Earlier in February the bank launched a fund of funds fixed income strategy in cooperation with BlackRock.


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