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LOIM launches UCITs version of TerreNeuve strategy

LOIM launches UCIts version of TerreNeuve strategy

Lombard Odier Investment Managers (‘Lombard Odier IM’) has expanded its 1798 Alternatives investment range with the launch of a UCITS vehicle within the TerreNeuve strategy. This will offer onshore investors access to the market neutral equity long/short strategy, with a focus on sustainable investing.

LO Funds – TerreNeuve (‘the Fund’) is managed by Arnaud Langlois, who joined Lombard Odier IM in February 2018 to launch the offshore domiciled 1798 TerreNeuve Fund, which has delivered 7% net returns since launch in April 2018. LO Funds - TerreNeuve will follow the same investment process as the offshore version. 

The TerreNeuve strategy is underpinned by a bottom up, sector specialist approach, with a focus on sectors including global consumer, agriculture, chemicals, environmental and medical technologies. The investment team seek to identify and measure significant long-term drivers of company valuation, including less tangible environmental, social and/or governance factors. The team also utilises a proprietary sustainability rating system they have developed which acts as an extensive company due diligence process and helps them analyse powerful ESG themes in their sectors. 

The UCITS Fund will target high single digit net returns, with a volatility of approximately 6-7%.

 

Jean-Pascal Porcherot, CEO of Lombard Odier IM’s 1798 Alternatives, comments:

“Following the successful launch of the offshore vehicle, the 1798 TerreNeuve Fund, we are excited to extend this to our onshore clients. The commitment of Lombard Odier IM to the strategy reflects a shared vision that the integration of sustainability into the investment process can be a strong source of alpha for equity long / short strategies and a key driver of returns.”

 

Arnaud Langlois, Portfolio Manager of TerreNeuve, comments: 

“In a world where growth is scarce and often overestimated, we think true growth companies will be increasingly rewarded by the market, and companies strategically positioned to address key environmental and social opportunities or challenges should be amongst the biggest beneficiaries.”

The TerreNeuve strategy complements Lombard Odier IM’s extensive fund range, which places sustainability at the heart of its investment proposition. Lombard Odier IM is integrating sustainability across almost all (90%) of its mainstream AUM by 2019.


About Lombard Odier IM

Lombard Odier Investment Managers is the asset management business of the Lombard Odier Group, which has been wholly owned and funded by its partners since its establishment in 1796. 

Our independent structure and our partners’ involvement in the day-to-day management of the firm allows us to focus entirely on our clients’ needs, fostering trust and alignment of interest. Throughout our history, we have been rethinking the old and embracing the new in our efforts to help our clients achieve their objectives in a changing world. 

We provide a range of investment solutions to a group of clients that are all long-term oriented in their many and diverse ways. Our heritage, and our combination of the best of conservatism and innovation, keeps us well-positioned to create lasting value for our clients. Our investment capabilities span Fixed Income, Convertible Bonds, Equities, Multi-Asset and Alternatives.

Sustainability is absolutely central to our investment philosophy; we believe it is the founding principle of economic outcomes, and will drive investment returns over the long term. 
 
With more than 130 investment professionals, we are a global business with a network of 13 offices across Europe, Asia and North America and have assets under management of 49 billion CHF (as at 30 June 2018).

 

Contact:

Celeste Herriger
Head of PR, Lombard Odier Investment Managers
+44 (0) 203 206 6167 
c.herriger@lombardodier.com

important information.

For institutional investors only.
This document is issued by Lombard Odier Asset Management (Europe) Limited, authorised and regulated by the Financial Conduct Authority (the “FCA”), and entered on the FCA register with registration number 515393. 
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