26/07/2011 Author: Will Wainewright

Estlander & Partners sees further growth

After doubling assets under management within twelve months to more than $1bn in April, Finnish CTA Estlander & Partners has continued its strong growth by adding a further $100m in June, HFMWeek can reveal.

The systematic CTA manager, which runs offshore, Ucits and managed accounts funds, has seen $105m flow into its Alpha Trend fund, and $21m into its Freedom Fund.

A spokesperson said the fund had seen good inflows to its Ucits III fund “from both retail and institutional investors both in Germany and other European countries.”

The non-Ucits fund has been running since July 2010 and has apparently had “huge success” in both Finland and Sweden.

The Estlander & Partners Alpha Trend, one of its main strategies, has seen solid inflows, mostly from institutional investors, as have its managed account offerings.

Emilia Rönnqvist, part of Estlander’s marketing staff, put the AuM increase down to the appeal of the strategy and the fund’s approach. She said: “From having been a quite passive asset manager we are now travelling around the world to meet investors.” The company now has offices in Munich and Zurich, and a member of staff in Thailand.