Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

BSF European Opportunities Extension A2 EUR

Ranked 14 out of 180 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

David Tovey

David Tovey was born in London during the late seventies. He graduated from the University of Warwick in 1998 with a degree in economics. He joined Blackrock (then Merrill Lynch) in the same year as an analyst. Having progressed to become a fund manager, he currently runs the BGF Swiss Small & Mid Cap Opportunities Fund. Outside of fund management he enjoys tennis.

Objective

The Fund seeks to maximise total returns through the use of an extension strategy. The Fund will seek to gain at least 70% of its investment exposure to companies domiciled in, or exercising the predominant part of their economic activity in Europe. The Fund will seek to achieve this investment objective by investing at least 70% of its total assets in equities and equity-related securities (including derivatives) and, when determined appropriate, cash and near-cash instruments.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Long/Short Equity over : 28/02/2016 - 28/02/2017
  • Rank 14/180 Total Return
  • Rank 167/180 Standard Deviation
  • Rank 140/180 Max Drawdown
Fund Name Currency Return
12 Esperia Funds SICAV Strategic Portfolio I EUR

19.1%

13 Arcus Japan Long/Short Institutional EUR EUR

18.4%

14 BSF European Opportunities Extension A2 EUR EUR

17.2%

15 GAM Star Global Quality EUR Inst Acc EUR

16.2%

16 Tavau Swiss Fund EUR hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

16.1%

Fund Name Currency Risk
165 Kairos International Sicav - Key X EUR

12.4

166 CF Odey Absolute Return EUR Hgd Inst Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

12.4

167 BSF European Opportunities Extension A2 EUR EUR

13.6

168 RBR European Long Short (LUX) P EUR EUR

13.9

169 Lamartine Performance Long/Short EUR

13.9

Total Return

Quarterly Performance

to 01/01/2017 Annual Q1 Q2 Q3 Q4
2016 3.5% -5.5% 0.1% 8.7% 0.7%
2015 36.9% 20.5% 3.1% -3.4% 14.2%
2014 20.0% 10.3% 1.1% 1.6% 5.9%
2013 44.9% 10.7% 2.9% 11.8% 13.8%
2012 22.9% 13.0% -4.9% 10.1% 3.9%
2011 -8.8% -1.0% -1.2% -12.1% 6.0%
2010 19.4% 3.9% -4.1% 8.7% 10.3%
2009 46.8% -5.2% 24.2% 19.0% 4.8%
2008 -36.8% -10.6% 0.7% -16.3% -16.1%
2007 -4.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/10/2016

Top 10 Holdings

Stock Size
Stabilus SA ORD 4.01
DSV A/S ORD 3.82
British American Tobacco PLC ORD 3.78
Kinepolis Group NV ORD 3.72
Teleperformance SE ORD 3.69
Loomis AB ORD 3.57
Alten SA ORD 3.42
Partners Group Holding AG ORD 3.07
Tecan Group AG ORD 3.03
Pandora A/S ORD 2.94
31/10/2016

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Finland
  5. France
  6. Germany
  7. Hungary
  8. Ireland
  9. Italy
  10. Jersey
  11. Luxembourg
  12. Netherlands
  13. Norway
  14. Poland
  15. Portugal
  16. Singapore
  17. Spain
  18. Sweden
  19. Switzerland
  20. United Kingdom

Fund Info

  • Launch date31/08/2007
  • Share Class size439Mn
  • Base currencyEUR
  • ISIN LU0313923228

Purchase Info

  • Min. initial investment3,500
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment5

Related News

Selector snapshot: absolute return duo on soft-closed strategies

Monaco-based pair Thierry Crovetto & Pierre-Yves Dittlot on finding winners when the best bets are no longer taking new money.

BlackRock re-shuts AAA-rated duo’s L/S fund after assets surge

Asset management firm forced to shutter strategy after accruing €400m over just two months, Citywire Selector understands.

UBS latest to join raft of L/S equity re-openings

Swiss asset management firm joins spate of investment firms lifting restrictions on previously top-performing Alt Ucits fund.

Schroders reopens hard-closed L/S Euro equity fund

Asset manager to allow new money into European equity fund following a 10 month hiatus, Citywire Selector can reveal.

Second major L/S fund reopened to investors

Healthcare-focused strategy with strong three- and five-year returns becomes latest Alt Ucits fund to end investor restrictions.

Top-performing long/short fund reopened to investors

BlackRock will allow investment into Europe-focused strategy over two years after hard-closing to all new money

Top BlackRock L/S duo cut UBS amid financials fears

Sector leaders over three years further reduce exposure to under-fire sector and steady themselves for Brexit volatility.

How the top L/S duo are targeting ‘pockets’ of Euro equities

BlackRock’s David Tovey and Simon Hunter, who lead the sector on a three-year basis, capitalised on merger talks and collected energy winnings.

The top long/short equity managers of 2015 revealed

Citywire Selector uncovers the Alt Ucits specialists who posted the strongest outperformance over the past 12 months.

Manager focus: leading lights in long/short equity

VIDEO: Citywire Research takes a closer look at the top-performing managers posting ratings-worthy performances in the Alt Ucits sector.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).