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Alternative Market Briefing

Alceda and Clark Capital launch tactical fixed income UCITS fund

Thursday, May 29, 2014

Komfie Manalo, Opalesque Asia:

Hamburg, Germany-based independent structuring specialist Alceda and independent investment advisory firm with over $2.8bn in AUM Clark Capital have partnered to launch tactical fixed income named CCMG Navigator on Alceda’s UCITS platform.

The fund is expected to be particularly popular with Latin American investors looking for an opportunity to invest in a tactical international fixed income strategy with an acknowledged track record and in an established structure. Alceda's partner, AFINA International Advisors, a specialist financial services company, will market the fund to its investor base in Latin America.

Clark Capital Management Group chairman and CEO Harry Clark commented, "Fixed income has dominated investment inflows over the last decade as global investors have sought alternatives to volatile equity markets. We believe flexibility is the key to alpha and that a disciplined quantitative research process may lead to consistent long-term performance. Our prudent, flexible and highly adaptable approach enables us to seek to constantly balance risk while pursuing alpha and we are delighted to have partnered with Alceda as we look to expand our Latin American investor base."

CCMG Navigator will be domiciled in Luxembourg. It continues the strategy of the Clark Capital Navigator fixed income total return inve......................

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