The first of the strategies, the long only “Equity Compass” strategy, which launched in December 2015, has attracted GBP 50 million of assets and has returned 5% in the first six months since launch, outperforming its benchmark by more than 3%.

Following this success, the long /short “Alternative Equity Compass” strategy was launched mid-May 2016 and the strategy has already proven successful, having performed well during the days following the UK referendum results with a performance of +0.65% from 24 June to the end of June 2016.

The long / short strategy is based on an “alternative risk premia” investment process and applies Unigestion’s unique 360° risk management approach that makes the implementation of risk premia exposures more robust and less risky[1]. The long /short fund follows a pure alpha strategy aiming to profit from both positive and negative exposures to return drivers such as Value, Momentum, Quality and Size. Through the use of a sophisticated portfolio construction, the goal of the strategy is to provide investors with market neutral performance based on a risk-efficient long / short portfolio.

The strategy is also available in a UCITS daily liquid fund structure.

Alexei Jourovski, Managing Director, Head of Equities, at Unigestion said,