HIGHLIGHTS

Ellipsis AM launches its new fund "Ellipsis Optimal Solutions – Alternative Hedging"

Ellipsis AM continues to expand its offering in the Risk Mitigation Strategy space with the launch of its new fund: "Ellipsis Optimal Solutions – Alternative Hedging".

Available in UCITS format, the fund stands out as an innovative and truly diversifying hedging solution, designed to effectively protect against market uncertainties.

Alt hedge

WHY WE’RE HERE: TO ADDRESS OUR CLIENTS’ NEEDS

The division produces solutions that meet our clients’ needs and constraints. Our capabilities in listed derivatives and options take a top-down approach with our priority placed on quantitative processes and a discretionary approach.

We stand out in our ability to design and manage bespoke solutions that address investors’ individual concerns. Our team manages various open-ended funds and tailored offers (mandates, discretionary management and dedicated funds) that are adjusted to each investor’s specific needs and feature customised client service.

The desk also specialises in multi-asset class risk allocation and the use of listed derivatives. The team develops strategies through optional derivatives aligned with an analysis of the global macroeconomic context. Our management team focuses on managing risks and optimising the risk-reward equation.

15 years

of capability

10+

Discretionary overlay mandates

Source : Ellipsis AM – December 31, 2024

We believe that transparency translates into performance.

We specialise in finding liquid solutions that provide our clients with greater DIVERSIFICATION and CONVEXITY and higher RETURNS across a range of asset classes.

Alexandre Ryo

Alexandre Ryo
Head of Alternative & Overlay Solutions 

Strengths

1

ACCESS A CAPABILITY USUALLY RESERVED FOR HEDGE FUNDS

2

COMBINE DERIVATIVES ALLOCATION WITH MODELLING CAPABILITIES

3

PROVIDE DISCRETIONARY OFFERS THAT ADD TO RETURNS & REDUCE HEDGING COSTS

4

OFFER SOLUTIONS FOCUSED ON LIQUIDITY, TRANSPARENCY AND UP-CLOSE CLIENT SERVICE

5

DEVELOP SYSTEMATIC DERIVATIVES STRATEGIES THAT COMPLY WITH INVESTMENT CONSTRAINTS

Source : Ellipsis AM – 31/12/2024

Alternative & OVERLAY SOLUTIONS DIVISION

An experienced management team on risk allocation and derivatives

Alexandre RYO

Alexandre RYO

Head of Alternative & Overlay Solutions

  • After graduating from ESIEA (Ecole Supérieure d'Informatique, d'Electronique et d'Automatisme) and a Master's degree in Finance from ESSEC, he joined the Exane group in 2012 as an assistant trader on index volatility. He joined Ellipsis AM in 2013 as fund manager. From 2015, he developed the overlay expertise through the implementation of mandates for European institutional clients. He becomes head of the development of the pôle Alternative & Overlay Solutions division in 2021.
Pierre GALLICE

Pierre GALLICE

Head of Overlay Startegies & Portfolio Manager

  • After graduating from Epita and with a Master's in technical financial from ESSEC, Pierre joined CIC in 2007, spending 14 years in own-account index derivatives and equities trading. He specialised firstly in the US market for 8 years, before becoming head of systematic strategies for global index derivatives and equities as of 2016. He joined the Ellipsis AM Alternative & Overlay Solutions division in June 2021 as senior manager of funds and mandates.

histoRY

BESPOKE SOLUTIONS

1HEDGING
TAIL RISK

Cushions steep drops by setting up tail-risk hedges.

Targeting Solvency II-regulated institutional investors.

2HEDGING
long vol

Limits a portfolio’s volatility by using hedging options.

Provides a stable derivatives profile that reduces volatility and drawdowns.

3yield enhancement

Implements short-volatility strategies with the goal of obtaining additional yield within a portfolio.

Provides a financing for systematic hedging.

4total
return

Creates derivatives-based strategies under constraints of minimum capital consumption and a pre-set risk profile.

Provides a market-decorrelated performance that is diversifying and liquid.

THEY TRUST US

Apicil
Prevoyance Sante Valais
logo le conservateur 2

Overlay Solutions Disclaimer: It aims to reduce the risks on a given portfolio without fully eliminating them while aiming to provide no guarantee or protection of the portfolio, which therefore remains exposed to the risk of capital loss. This solution is also particularly exposed to a model risk linked to the implementation of the main objective of risk reduction, which is based on a systematic principle. There is a risk that this model is not efficient. Finally, in addition to the specific risks associated with the existing portfolio, this solution. Given that the hedging exists, the potential yield could be lower due to the impact of costs associated with hedging and the fact that the portfolio may only partially participate in the increase in the event of a market rebound.