Fri, Feb 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS fund based on Winton Capital's diversified program launched by Morgan Stanley

Thursday, February 07, 2013
Opalesque Industry Update - Morgan Stanley announced the launch of a new fund under its FundLogic Alternatives plc umbrella. The fund, which provides exposure to the Winton Diversified Program, is the third in a series of four CTA strategies to be made available in a UCITS format through Morgan Stanley’s partnership with Equinox Fund Management LLC (“Equinox”), a U.S.-based multi-manager, specializing in constructing portfolios comprised of multiple Commodity Trading Advisor (“CTA”) programs. This latest addition expands Morgan Stanley’s offering of CTA strategies, which already comprises of a fully transparent and systematic strategy providing exposure to the broad class of managed futures and a short to medium-term pattern recognition program.

“We are proud to provide UCITS investors with access to the Winton Diversified Program, established in 1997 by David Harding”, said Alvise Munari, Managing Director and Global Head of Equity Derivatives, Sales and Financial Engineering at Morgan Stanley. He added: “Winton is one of the world’s leaders in systematic investment management with over $25bn of assets under management. David Harding’s track record of 25 years has been built on his scientific approach and sustained by a research team of over 100 and best in class practices. Winton’s investment process can be described as quantitative, systematic and research-driven; that seeks to identify explanatory variables that have some predictive power over future returns. This goal is achieved by pursuing a diversified trading scheme that does not rely upon favorable conditions in any particular market, nor on market direction. The investment universe mainly consists of futures contracts linked to stock indices, bonds, short-term interest rates, currencies, precious and base metals, grains, livestock, energy, and agricultural products.”

Michel Serieyssol, Managing Director at Equinox, commented: “We are delighted by the progress that our partner, Morgan Stanley, has made in providing international investors with access to best-in-class CTA strategies through state-of-the-art UCITS vehicles. Winton has been a longstanding friend of our firm and we are so pleased that its program is the latest addition to the FundLogic Alternatives Platform.”

David Harding, founder and president of Winton commented: “We are excited to work with Morgan Stanley and Equinox to provide their UCITS investors with exposure through Equinox to our trading strategy. Morgan Stanley offers investors extensive operational and risk management experience as well as the broad distribution network provided by its platform.”

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  2. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d

  3. Ex-Navy SEAL backed by Mario Gabelli, Jean-Marie Eveillard and other value giants off to strong start[more]

    From Valuewalk.com: Sententia Capital Management is not your average value focused hedge fund. The fund was founded by Michael Zapata, a former Navy Seal Team 6 Officer and has attracted funding from some of the best-known names in the value space. Mario Gabelli, Jean-Marie Eveillard from First Eagl

  4. Europe - 1 trillion euro non-performing loans are clogging EU lending channels[more]

    From Centralbanking.com: As much as 1 trillion euro of non-performing loans (NPLs) are still clogging the lending channel in the European Union. An EU asset management company (AMC) could address market failures in the secondary market for NPLs as part of a suite of measures designed to tackle the b

  5. Investing - Hedge funds' novel approach: investing for longer at lower returns, U.S. hedge fund Delta Partners lifts stake in Bellamy's, Hedge funds stockpile cobalt, electric carmakers on battery alert, Facebook is racking up the likes among the world's biggest hedge funds, Einhorn affirms gold on Trump uncertainty[more]

    Hedge funds' novel approach: investing for longer at lower returns From FNLondon.com: Hedge funds are known for making short-term bets, dipping quickly in and out of markets to take advantage of swings in prices. But, under pressure to innovate, some big-name managers are looking at ways