The new sub-fund, which is essentially aimed at an institutional client base with a time horizon of over 5 years, will be managed by Eric Bendahan.
SYZ & CO said that European Selection adopts the same essence and philosophy as that of the European Opportunities strategy to meet the needs of an institutional client base.
The turnover of European Selection is expected to be lower than that of the European Opportunities strategy.
Bendahan said that the current market dislocation generates very interesting buying opportunities for longterm investors. In today’s challenging environment, OYSTER European Selection’s investment positioning favours companies that are related to the thriving emerging market economies, quality growth stocks and undervalued positions.
