1. Newsroom
  2. A new credit long/short strategy on our alternative UCITS platform
Menu
Comunicati stampa 19.03.2019

A new credit long/short strategy on our alternative UCITS platform

A new credit long/short strategy on our alternative UCITS platform

Union Bancaire Privée, UBP SA (“UBP”) is launching a new credit long/short strategy on its alternative UCITS platform in partnership with New York-based alternative investment manager Global Credit Advisers, LLC (“GCA”).


The strategy is managed by Steven Hornstein’s (CIO and Co-Founder) GCA. Mr Hornstein is a highly experienced long/short fund manager focusing on corporate credit in the alternatives industry. He spent over 18 years primarily in corporate credit at Donaldson, Lufkin, and Jenrette Inc. (“DLJ”) and as a portfolio manager at two hedge funds before successfully launching GCA in 2008. The new UCITS strategy will employ an actively managed long/short corporate credit strategy mainly focusing on investment-grade, high-yield and distressed bonds. It will utilise a fundamental research process to capitalise on an information base built on decades of experience and a research team with an average of 20 years of experience in corporate credit.

Commenting on the launch, Nicolas Faller, Co-CEO Asset Management at UBP, said: “We are very happy to partner with Global Credit Advisers for this new alternative UCITS strategy. At this point in the cycle, we believe there are a lot of opportunities for a long/short strategy in credit. There are very few managers successfully trading this strategy, and Mr Hornstein and his team have proven to be amongst the best in the space given their success for more than 10 years.”

Steven Hornstein, Co-Founder & CIO at GCA, said:

“We are pleased to be partnering with UBP and their proven UCITS distribution platform. Having successfully managed our credit long/short strategy for more than 10 years, we are excited to extend the offering to the broader UCITS audience and contribute to the diverse product offering that UBP’s platform provides.”

Press release

Discover more in our video

Download the Press Release in the following languages:

English

Insight

Navigating wealth succession in Asian families

Wealth succession is complex, emotional and can be costly if not managed properly

Read more

Le news più lette

Comunicati stampa 17.01.2019

Risultati annuali 2018

Union Bancaire Privée annuncia un utile netto di 202,4 milioni di franchi e una raccolta netta superiore al 5%

Comunicati stampa 03.06.2019

UBP amplia la sua offerta nel private equity con Rothschild & Co

Union Bancaire Privée, UBP SA («UBP») annuncia la collaborazione con Rothschild & Co, gruppo familiare indipendente attivo nei seguenti ambiti: consulenza finanziaria, private banking, wealth management, private equity e private debt.

Comunicati stampa 04.03.2019

UBP ottiene la licenza di banca «wholesale» a Singapore

La filiale di Singapore di Union Bancaire Privée, UBP SA (UBP), UBP Singapore, ha ricevuto oggi l'approvazione regolamentare dalla Monetary Authority of Singapore (MAS) per la licenza di banca «wholesale». UBP Singapore prevede di entrare in attività come banca «wholesale» a partire dal 1° aprile 2019.

Altro da leggere

Comunicati stampa 05.06.2019

UBP joins The Big Exchange as founding member

Union Bancaire Privée (UBP) is pleased to announce its support, as a founding member, to The Big Exchange, a UK-based, mission-led, mobile-first financial services proposition which will open investing and saving to everyone.

Comunicati stampa 03.06.2019

UBP amplia la sua offerta nel private equity con Rothschild & Co

Union Bancaire Privée, UBP SA («UBP») annuncia la collaborazione con Rothschild & Co, gruppo familiare indipendente attivo nei seguenti ambiti: consulenza finanziaria, private banking, wealth management, private equity e private debt.

Comunicati stampa 04.03.2019

UBP ottiene la licenza di banca «wholesale» a Singapore

La filiale di Singapore di Union Bancaire Privée, UBP SA (UBP), UBP Singapore, ha ricevuto oggi l'approvazione regolamentare dalla Monetary Authority of Singapore (MAS) per la licenza di banca «wholesale». UBP Singapore prevede di entrare in attività come banca «wholesale» a partire dal 1° aprile 2019.