French asset manager unveils flexible Fund of Funds

Strasbourg-based investment firm La Financière Galilée has launched a flexible fund of funds, Galilée Fund Picking Strategy on 10 July 2017.

The fund will fully rely on external fund selection operated by Roni Michaly, head of Multi-Management at La Financière Galilée.

It will seek to outperform its composite benchmark (35% MSCI World Netr Euro Index, 35% Bloomberg Barclays Global Aggregate Total Return Index Value UnHedged EUR and 30% Eonia Capitalised) by investing primarily in equity and fixed income funds.

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