Advent Global Partners UCITS Fund
The Advent Global Partners UCITS Fund is managed by Advent Capital Management, LLC (“Advent”). Founded in 1995, Advent is a recognised global leader in convertible bond strategies. Advent actively manages ≈$9bln across alternative, long-only and closed-end strategies.
The Advent Global Partners UCITS Fund primarily invests in convertible bonds, credit and equities when managing the Fund’s sub-strategies: Idiosyncratic Volatility, Event Driven, Relative Value Credit and Alpha Short Opportunities. The strategy, dynamically allocates to these sub-strategies based on the current and expected opportunity set and all sub-strategies may not be allocated to at all times. The Fund seeks to identify compelling long and short opportunities that may include single-name convertible bonds and equities, capital structure arbitrage, and other positively asymmetric event driven opportunities. The Fund cautiously employs leverage and may use tail hedges to reduce volatility.
The strategy employs bottom-up fundamental research combined with quantitative analysis to construct a portfolio with attractive risk/reward characteristics. The strategy leverages the Firm’s proprietary research capabilities to identify misunderstood credits and corporate valuations. Alpha generation is based on quantitative and fundamental analysis of event driven opportunities along with active trading and hedging to monetize structural inefficiencies. Advent identifies and exploits idiosyncratic volatility and event-driven opportunities utilizing a multi-strategy approach to extract alpha in all market environments.
Key Points
Advent Global Partners UCITS Fund – Multi-Strategy
01
Global Convertible Leader: Founded in 1995, Advent has one of the largest platforms in the world emphasizing convertibles as an asset class and currently manages ≈$9bln in AUM. Advent has a robust institutional infrastructure and an experienced and deep team between New York and London.
02
Flexible Multi-Strategy Approach to Convertible Investing: A disciplined relative value approach that has the flexibility to invest across multiple sub-strategies over a full market cycle. Strategy seeks to dynamically allocate capital to those sub-strategies which aims to provide the most attractive risk-adjusted returns and positive asymmetry in the current market conditions.
03
Credit Driven Research Process: Renowned fundamental, bottom up, credit and capital structure focused research process honed over 25+ years and multiple market cycles.
04
Absolute Return Strategy: The strategy has achieved capital preservation over time by pursuing capital appreciation and absolute returns, generating positive returns in both rising and falling markets.
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Advent Global Partners UCITS Fund
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