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Candriam Risk Arbitrage C

Ranked 16 out of 21 in - Event Driven over 12 months
All calculations are in EUR unless stated

Managed by

Olivier Baccam

Olivier Baccam works as a portfolio manager at Candriam. He has joined them in 2005 to develop tools for their front offcie in Paris. The following year Olivier became a risk arbitrage analyst, and in 2009 a risk arbitrage portfolio manager. Olivier holds a bachelor and a masters degrees in computer science from Paris VI Pierre & Marie Curie University, and a master in company and financial management from the Ecole Superieure de Gestion.

Edouard Petitcollot

Edouard Petitcollot has been a portfolio manager for Candriam´s risk arbitrage strategy since 2005. He began his career at Candriam in 2003 as a fund manager’s assistant, becoming an equity analyst a year later. In 2005 he moved to BNP Paribas as a fund analyst, before returning to Candriam later that year as a risk arbitrage portfolio manager. Edouard holds a degree in economics and management from the University of Paris II Panthéon-Assas and a master in asset management from Paris-Dauphine University.

Objective

The fund is an absolute performance and low-volatility UCITS IV fund, which implements arbitrage strategies on securities of companies that experience specific Special Situations. These are events likely to create discontinuity in the price of an asset (mergers, restructuring, etc.). The fund primarily invests in the European and North American markets. Its target is to outperform the Eonia over an 18-month investment horizon while maintaining low volatility (< 5 %).

Showing fund performance in Liechtenstein View performance globally

Performance

Event Driven over : 31/10/2016 - 31/10/2017
  • Rank 16/21 Total Return
  • Rank 8/21 Standard Deviation
  • Rank 16/21 Max Drawdown
Fund Name Currency Risk
6 Lutetia Merger Arbitrage Fund I EUR acc EUR

1.4

7 Lutetia Patrimoine I EUR EUR

2.0

8 Candriam Risk Arbitrage C EUR

2.2

9 MLIS Ramius Merger Arbitrage UCITS EUR D Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

10 GAMCO Merger Arbitrage A EUR Acc EUR

2.7

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 1.1% -0.4% -0.4%
2016 -1.1% -2.2% -0.6% 1.9% -0.2%
2015 0.5% 1.8% 0.3% -1.5% -0.1%
2014 1.3% 0.8% 1.4% -0.2% -0.6%
2013 1.7% -0.7% 1.3% 0.1% 1.0%
2012 1.8% 1.3% -2.0% 1.0% 1.6%
2011 0.0% 1.1% 0.1% -1.6% 0.4%
2010 2.6% -0.3% 0.0% 2.2% 0.6%
2009 3.8% 1.1% 0.9% 1.1% 0.7%
2008 -2.0% 1.2% 0.9% -4.0% 0.0%
2007 0.2% 1.6% 0.3% -0.6% -1.1%
2006 3.9% 2.0% -0.5% 0.9% 1.5%
2005 4.0% 1.2% 1.1% 1.2% 0.5%
2004 3.1% 0.9% 0.1% 0.3% 1.8%
2003 2.7% 0.2% 1.1% 1.0% 0.4%
2002 5.0% 1.6% 0.9% 1.2% 1.3%
2001 2.0% 0.8% 2.2% -1.2% 0.2%
2000 6.4% 1.7% 1.7% 1.4% 1.5%
1999 3.7% 0.6% 2.8% 1.7% -1.5%
1998 4.6% 0.8% 1.3% 1.2% 1.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Finland
  3. France
  4. Germany
  5. Italy
  6. Luxembourg
  7. Netherlands
  8. Spain
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date29/03/1996
  • Share Class size60Mn
  • Base currencyEUR
  • ISIN FR0000438707

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.60%

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