About Us

About H2O AM

Co-founded in 2010 by four partners, H2O was established around the core values of Performance, Liquidity and Transparency.
1

Employees

1

Portfolio Managers

1 EUR bn

Assets under management as of 28/05/2020

1

Years of Experience in Asset Management

Background

An experienced global macro team.

H2O Asset Management LLP (“H2O”) is a global macro investment management company funded in August 2010. In addition to its main office in London, H2O has opened offices in Monaco (H2O Monaco), in Singapore (H2O AM Asia), and in Paris (H2O AM Europe), which, alongside the London office, form one fully integrated investment process and platform. 

From the very beginning H2O entered into a threefold partnership with Natixis Investment Managers (“NIM” (*)): capitalistic as NIM holds 50.01% of the shares with H2O’s partners being allotted the remaining 49.99%; operational as H2O fund managers plugged their front-office systems in the Group’s Straight-Through Processing (STP), back-office and risk-monitoring systems; commercial as NIM is a distributor of H2O’s UCITS. 

(*) Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 26 specialized investment managers globally, they apply Active Thinking to deliver proactive solutions that help clients pursue better outcomes in all markets.

An affiliate of 

H2O's DNA

What defines us.

Philosophy

A long-term, top-down, mostly relative value, and unconstrained approach.

Investors’ market perception and management biases offer a prime source of performance.

Style

Discretionary investment decisions backed by strong in-house engineering.

Long short strategies driven by market factor analysis

Process

Focus on portfolio construction: diversification by horizon, asset classes and instruments.

Full consistency between view establishment, risk allocation and performance attribution.

Protection against dilution

Swing Pricing Policy

In its wish to safeguard the interests of its long-term holders, H2O Asset Management has been implementing a swing pricing mechanism since 2017 based on the methodology recommended by the French Asset Management Association’s (AFG) charter.
The introduction of the swing pricing solely concerns the following UCITS funds:

  • H2O Adagio
  • H2O Moderato
  • H2O Multibonds
  • H2O MultiStrategies
  • H2O Vivace
  • H2O Allegro
  • H2O EuroAggregate
  • H2O MultiEquities
  • H2O Largo
  • H2O MultiAggregate Fund
  • H2O Multi Emerging Debt Fund
  • H2O Allegretto
  • H2O EuroSovereign
  • H2O EuroSovereign 3-5 years