AIFM Group announces collaboration with AuAg Fonder’s Eric Strand and FoF Asset Management.
AIFM Group has announced an exciting new collaboration with distinguished portfolio manager Eric Strand and FoF Asset Management. Together, they plan to bring bold, innovative funds that focus on precious metals and green-tech-elements to market.
The first product of this collaboration will be the launch of a brand new UCITS-fund, AuAg Silver Bullet. The fund, which portfolio manager Eric Strand describes as one of Sweden’s riskiest funds, will allow investors to gain exposure to global silver and gold miners. It will have a focused portfolio with 20-30 holdings and be the one and only UCITS-fund in Europe with special focus on silver miners.
AuAg Silver Bullet is a UCITS-fund managed by AIFM Capital AB, a subsidiary of AIFM Group (“AIFM”). AIFM will manage the fund under their authorization but will delegate portfolio management to FoF Asset Management (“FoF”). AIFM will assume full regulatory responsibility for the product, while FoF and Eric Strand will be responsible for the day-to-day trading and marketing of the fund. This collaboration allows FoF and the fund’s portfolio manager to focus solely on investment processes while AIFM handles all reporting, compliance, risk management and administrative duties. The AuAg Silver Bullet fund will be managed in accordance to Swedish and EU financial regulations.
AIFM Group is an independent fund company offering a fully compliant, comprehensive infrastructure for AIF- and UCITS- fund management. AIFM offers an innovative solution for portfolio managers and investment professionals looking to set up Swedish domiciled funds. In addition to housing several AIF- and UCITS- funds, AIFM also delivers premier risk management, administration, valuation and accounting services to fund companies and financial institutions across Europe.
AuAg Fonder plans to, along with AIFM and FoF, add more funds to their roster, including a more defensive hedge fund with a focus on gold and a long-only fund that seeks exposure to green-tech elements (lithium, platinum, palladium). Thomas Dahlin, CEO of AIFM, is enthusiastic about the launch of AuAg Silver Bullet, seeing it as the first of many exciting product roll-outs.
“Eric [Strand] is one of the premier asset managers in Sweden with years of experience working with precious metals funds. We are very confident in our partnership with him and FoF and are looking forward to seeing how our collaboration will deliver extraordinary value to investors,” says Dahlin.
“AIFM Group was founded with a devotion to good entrepreneurship and this has been key to what we have accomplished as a team. It is clear to us that Eric’s AuAug Fonder brand, with entrepreneurial spirit and bold vision for the future, is a perfect match for us. This is exactly what we look for in a partner and are excited to see what the future holds” – Dahlin.
When AuAg Silver Bullet is launched, the fund will be available on major investments platforms in Sweden such as Avanza and Nordnet. Both AIFM and FoF see great potential for the AuAg Silver Bullet EUR asset class as interest for the fund grows internationally.
For more information about AIFM Group, visit www.aifmgroup.com or contact Jared Fein at jared.fein@aifm.se or +46 73-537 44 52.