Mon, Feb 20, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Alpinvesta Asset Management launches EIF fund in Gibraltar

Wednesday, March 20, 2013
Opalesque Industry Update - Swiss investment boutique and managed futures Fund Of Fund (FOF) specialist, Alpinvesta has launched the DNA Managed Futures Multi Strategy Fund.

The company, which is based in Geneva and a member of the Swiss Association of Asset Managers, has been evaluating various European jurisdictions for the launch of its’ new fund based platform.

Investment Director and partner Marcus Queree said: "We have selected Gibraltar as our favored jurisdiction as it has a robust legal framework and offers an excellent Experienced Investor Fund vehicle for alternatives managers such as ourselves. The jurisdiction has access to international service providers and a knowledgeable talent pool which understands the offshore fund industry."

Alpinvesta successfully launched a series of managed futures securitised products over 3 years ago and Queree says, "the launch of a European fund platform will both broaden our potential market and further enhance our ability to offer investors optionality."

Alpinvesta launched the Alpinvesta Managed Futures Index (Program) on DB Select in 2008. The Program aims to generate medium term growth by combining different managed futures funds and programs. The Program seeks to deploy capital to several trading styles across global markets, including funds that specialise in futures and forwards, interest rates instruments, currencies, cross rates and tangible commodities; commonly known as Managed Futures managers.

The Program employs an actively managed fund of funds format, investing into several core trading strategies within the managed futures universe. Combining different trading styles such as macro, contrarian/counter trend trading and systematic trading, the Fund endeavours, to make money when there is a trend and preserve capital when there are no identifiable trends and attempts to diversify overall risk in terms of market, approach and timing.

The Alpinvesta Managed Futures Index (Program) was shortlisted in 2012 for the best Managed Futures FOF.

In addition to the launch of the new fund, Alpinvesta has established an office in Gibraltar, DNA Management Limited to promote and provide investor services to the DNA Fund. The new operation will be headed up by Peter Bosbury as Operations Director and Group compliance. Peter joins from Global Partners Limited, an IFA Network where he was a partner and head of compliance. In addition; Leanne Beresford, Investor Relations Manager and Tania Kingsford as Office Manager have also joined the team of DNA Management.

Marcus Queree said: "We are delighted that Peter, Leanne and Tania have joined the Group. Collectively they have over 40 years experience in the financial services industry, predominately dealing with Intermediaries and Life Companies both in the UK and Internationally. In establishing DNA, we are committed to providing a dedicated customer service platform for both existing and prospective customers, I’m sure the team will be a great attribute and a superb addition to Alpinvesta’s proposition."

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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed