Atlantic House
Atlantic House Group is a leading derivatives-based investment manager with group assets under management of £4.1bn (as at 31.12.2025). Our team helps multi-asset investors across the world to build more predictable, more resilient, and ultimately more effective portfolios. Atlantic House manages a range of market-leading strategies, including the flagship £2.5 billion Atlantic House Defined Returns Fund, which forms the cornerstone of our Defined Return franchise. This sits alongside our Liquid Alternatives, Equity Replacement, Fixed Income, and Hedging franchises, each designed to address specific investment objectives. Funds are available in a broad selection of wrappers to meet investors’ needs, including UCITS vehicles, Cayman funds, Actively Managed Certificates (AMCs) and bespoke structured product solutions.
Fund: Atlantic House Defensive Defined Returns Fund
Why is the Fund a Fund to Watch:
• Enhanced Predictability - The fund is made up of 'defined return' investments linked to major equity indices, which offer a set return for a taking a defined risk regarding market movements. This type of investment has seen a surge in popularity in recent years as investors seek some level of predictability in portfolios, amidst heightened global uncertainty.
• A Hedging Overlay Offering True Diversification - Protection for the fund is through a tailored range of strategies, chosen and blended through the firm's own Hedging Framework. The Framework optimises variables from a range of major banks' own frameworks to construct a screen for hedging strategies. Further qualitative and quantitative analysis is then undertaken to ensure a diversified approach to hedging a wide range of market stress environments.
• A Valuable Source of Resilience - With exposure to equity market shocks dampened through hedging, the fund provides more short-term resilience than standard defined returns investments. The resulting smoother journey across a wide range of market scenarios could be a welcome alternative source of returns for investors taking a defensive stance and wanting greater predictability
Speaker:
Tom May, CIO
Tom is the Chief Executive & Chief Investment Officer of the Atlantic House Group. As well as running the business on a day-to-day basis, Tom oversees the firm’s investment mandates and is a lead manager of the Atlantic House Defined Returns Fund. Prior to founding Atlantic House in 2008 with two partners, Tom had a long career at Citigroup, culminating as Head of European Securitised Equity Derivatives and Secondary market trading.
Presentation Synopsis:
Defensive Defined Returns: Combining Resilience and Predictability
The Atlantic House Defensive Defined Returns Fund is the latest addition to Atlantic House's Defined Returns franchise, providing investors with more predictable returns through increasingly popular defined return investments. Using a systematic hedging overlay aiming to dampen volatility and drawdowns in market stress, the fund seeks to provide a smoother journey of predictable returns and greater diversification from traditional asset classes. With defensiveness at the forefront of its objectives, the fund aims to provide annual returns of 5-7% per annum in all but the very bleakest market conditions.
Sales Attendees:
Delia Villiers, Head of UK Discretionary Sales
Delia is a senior member of the Atlantic House Sales team. She initially started as a Fund Manager Assistant, helping launch the Atlantic House Defined Returns Fund and transitioned into a Sales role soon after. Prior to joining Atlantic House, Delia worked as an Analyst at the hedge fund ADM Capital in Hong Kong, and prior to that, as trade support on the FX Trading floor for BNY Mellon.
Michael Thornton, Distribution
Michael joined the Atlantic House sales team with responsibility for clients across London and the Channel Islands. He joins from Marex Solutions, where he managed and developed institutional client relationships, specialising in the pricing, structuring and presentation of derivatives. Michael holds a Bachelor’s degree in Investment Management from Stellenbosch University and brings deep technical expertise alongside a strong client-focused approach.