NewAlpha Asset Management (“NewAlpha”), the Paris-based global emerging manager acceleration specialist and Emergence (“Emergence”), France’s seeding fund sponsored by 15 institutional investors are pleased to announce a strategic investment with Finaltis (“Finaltis”).
With 35 million euros provided by Emergence Actions, the Finaltis EfficientBetaTM Euro fund reaches a significant AUM and consequently can meet the needs of French and international institutional investors. The certification granted by Emergence allows Finaltis to improve the visibility of its brand and to become an active player within the French long only asset management landscape.
Finaltis EfficientBetaTM Euro is positioned in the fast growing arena of Smart Beta, a widespread investment style in northern Europe and in the US. This investment approach accounts for 16% of assets in US equity funds (versus 3% in Europe) and has been growing at almost 40% annually over the last 10 years.