Augmentation du niveau de l’effet de levier indicatif moyen de l’OPCVM
H2O confirms that it is considering medium term solutions to re-organise its holdings in non-rated corporate bonds, in order to eliminate entirely any liquidity concerns in H2O’s UCITS funds. H2O has no plans to transfer these bonds to another investment vehicle. In the meantime, H2O sees value in these bonds and will not dispose of […]
H2O Asset Management is pleased to confirm that there have been substantial inflows since Monday 24 June 2019 and current AuM, as of 26th June, stands at €27 bn. Redemptions have markedly subsided to a level roughly five times less than at their peak (on 21 June), down to €450m today. As previously announced, H2O […]
Avis internet en date du 31 juillet 2019 - FCP H2O MultiStrategies: - Augmentation du niveau de l'effet de levier indicatif moyen - Augmentation de la volatilité ex post - Modification de la commission de souscription
H2O AM hereby confirms that the net outflows have slowed significantly since Monday June 24th. In addition, H2O funds received some material inflows on Tuesday June 25th.
H2O Asset Management hereby confirms that the aggregated value of non-rated corporate bonds represents less than €500m as of Monday 24th of June.
H2O has sold part of its non-rated private bonds and, based on a valuation received by international banks, marked down the balance in compliance with UCITS regulation, thereby cutting their aggregate market value below 2% of H2O’s AuM. As a result of this mark down, triggered by the press reports that dried up market liquidity […]
Q&As on H2O’s exposure to non-rated private placements: The case for H2O Adagio, H2O Allegro & H2O MultiBonds. Please see the note below: