Wed, Sep 17, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Swiss global macro manager SteppenWolf launches UCITS IV hedge fund

Friday, June 21, 2013

Benedicte Gravrand, Opalesque Geneva: - SteppenWolf Capital, a Swiss-based, macro-focused investment management firm, launched a UCITS IV-compliant fund called "5D SteppenWolf Macro Alpha UI" on 13 May. This German-domiciled fund offers daily liquidity and its fees follow hedge funds’ 2 and 20 structure.

The Fund invests entirely in liquid listed securities, futures and options across five major asset classes (equities, bonds, currencies, bullion and credit) in developed American, European and Asian markets, according to SteppenWolf’s literature.

It allocates risk (as opposed to just assets) based on various primary decision making inputs. Risk allocations are 'top-down’, discretionary, diversified across liquid instruments and markets and implemented via both long/short directional and market-neutral positions (depending on the market regime), designed to reflect the core tenets of the Fund’s investment committee, which can be summarised as: markets are cyclical; neoclassical economic analysis can help infer the type of cycle and the effect on assets; Austrian School economic analysis can help infer the growth rate and credit-fuelled busts; and there are four possible analysis of future asset price directions.

According to Bloomberg, the fund’s NAV stood at 99.04 on 19th June (......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

    Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

  2. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  3. Investors move capital out of Scotland ahead of referendum[more]

    Benedicte Gravrand, Opalesque Geneva: Ahead of Scotland’s independence referendum on September 18, asset managers, investors and pension savers are moving billions of pounds out of the country,

  4. Indices - Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD), Eurekahedge Hedge Fund Index rebounds in August gaining 1.36% (4.22%), Lyxor Hedge Fund Index was up 0.9% in August (YTD +1.7%)[more]

    Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD) The Greenwich Global Hedge Fund Index ended the month of August up +1.57%. Equity markets were up in August with the MSCI World Index up +2.00%. This was primarily driven by the performance of the S&P 500 which was up +4.

  5. Alpha Strategic buys stake in Premium Point Investments[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Alpha Strategic plc, a affiliate of