Listed investment strategies
Over the past decade, WAM has developed several investment strategies in listed assets (equities and bonds), addressing the opportunities and risks of the green industrial revolution. These strategies have been tested by the family office via its long-term investment vehicle “REEF”. Subject to raising about €50m of seed capital for each strategy, they could be made available to professional investors as hedge funds or to the public as mutual or “UCITS” funds. This would contribute to the “democratization” of “impact investing” and “divest-invest” strategies. We thus welcome offers or leads to raise the required seed capital.
Below are some basic infos about these strategies:
WERMUTH EASTERN EUROPE LONG/SHORT STRATEGY (WEELS)
Over the past decade, WAM has developed several investment strategies in listed assets (equities and bonds), addressing the opportunities and risks of the green industrial revolution. These strategies have been tested by the family office via its long-term investment vehicle “REEF”. Subject to raising about €50m of seed capital for each strategy, they could be made available to professional investors as hedge funds or to the public as mutual or “UCITS” funds. This would contribute to the “democratization” of “impact investing” and “divest-invest” strategies. We thus welcome offers or leads to raise the required seed capital.
Below are some basic infos about these strategies:
WERMUTH EUROPE INCOME STRATEGY (WEIS)
WERMUTH GLOBAL CRASH INSURANCE (WGCI)
Wermuth Eastern Europe Long/Short Strategy (WEELS)
SYSTEMATIC STRATEGY – LONG/SHORT
The strategy uses a proprietary, long-biased, multiple time frame trend-following model with value investing inputs. The execution is fully automated and eliminates human error.
WEELS also pursues an impact investing strategy. It uses the shares in its portfolio to request corporate action to counter corrupt practices and waste of resources at annual meetings, and it engages in a dialogue with management to enhance share value. Last but not least it pursues a divest-invest strategy, excluding “The Carbon Underground 200” on the long side.
STRATEGY
- systematic strategy, long/short, Russian equities
- active rouble exposure management versus dollar
- highly liquid on strategy and investor levels
- well-diversified in terms of stocks and strategies
- net equity exposure ranges from –30% to +100%
- outstanding performance since 2005, with two times the market return, half the volatility and less than half the market drawdowns
- This is a “divest-invest strategy” in that no more investments will be made on the long-side into companies engaged in exploration and production of fossil fuels, in particular none of the “Carbon 200 underground”. On the other hand, the strategy does go short fossil fuel companies and makes money as they fall in value.
TERMS
- available as managed account starting from $1m
- 2% management fee, 20% annual performance fee
- no subscription or redemption fees
Wermuth Global Crash Insurance (WGCI)
SYSTEMATIC STRATEGY – LONG/SHORT – US LISTED EQUITIES AND ETF’S
The strategy uses a proprietary, long-biased, multiple time frame trend-following model with value investing inputs. The execution is fully automated and eliminates human error.
WGCI pursues a divest-invest strategy: it does not go long any ”The Carbon Underground 200” names, but may take short positions in them. The strategy is thus designed to do well in a global financial crisis caused by the bursting of the carbon bubble and other asset bubbles.
The strategy massively outperformed its peers – with lower risks.
STRATEGY
- systematic strategy, long/short, US equities and ETFs
- active rouble exposure management versus dollar
- highly liquid on strategy and investor levels
- well-diversified in terms of stocks and strategies
- net equity exposure range from –100% to +100%
- positively correlated with volatility (VIX index)
- outstanding performance since 2007, with 20%+ annual net return
TERMS
- available as managed account starting from $1m
- 2% management fee, 20% annual performance fee
- no subscription or redemption fees
Wermuth Europe Income Strategy (WEIS)
- long-term, long only, European equities, bonds or cash positions, no leverage, high dividend stocks and high yield bonds
- ”divest-invest” strategy: no investments into ”The Carbon Underground 200”
- very small number of transactions and assets, low operating costs
- aim is to generate stable income
- outstanding performance since November 2011
- for the time being only available as managed account, starting from €1m
- 0% management fee, 20% annual performance fee
- no subscription or redemption fees
Wermuth Europe Income Diversified Strategy (WEIDS)
STRATEGY
- long-term, long only, European equities, bonds or cash positions, no leverage, high dividend stocks
- ”divest-invest” strategy: no investments into ”The Carbon Underground 200”
- small number of transactions and assets, low operating costs
- aim is to generate stable income
- outstanding performance since may 2016
TERMS
- available as managed account starting from €1m
- 0% management fee, 20% annual performance fee
- no subscription or redemption fees