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

Emergence selects Rcube’s Global Macro UCITS fund for Absolute Return seeding fund

Thursday, January 23, 2014
Opalesque Industry Update, for New Managers - After three completed investments since mid-2012, NewAlpha Asset Management announced the fourth incubation partnership between the French managers-only seeding fund Emergence and Rcube Asset Management.

With 30 million euros provided by Emergence at the launch on 31 January 2014, Rcube’s Global Macro UCITS fund reaches a significant size and can meet the needs of French and international institutional investors.

Approved by the Commission de Surveillance du Secteur Financier ( CSSF ), the Rcube Global Macro UCITS fund implements a global macro investment strategy across all asset classes (excluding commodities), using only the most liquid instruments.

The investment process is particularly robust and is built on a sophisticated frame of macroeconomic models and discretionary analysis. The quantitative part aims at identifying the factors influencing asset prices and returns. The investment decisions are then taken on a discretionary basis.

Founded as a consulting firm advising on global investment strategies by Cyril Castelli, Paul Buigues and Stéphane Alloiteau in 2010, Rcube has enjoyed international success with a broad clientele that includes some of the most prominent North American and European investors.

Rcube Global Macro UCITS is launching on the market a few months after the implementation of the same strategy in an offshore wrapper for international investors.

Beyond the expected performance for the Absolute Performance sub-fund, Emergence and NewAlpha aim to increase emerging French asset managers’ visibility, both at home and abroad.

Thanks to their status as seeders, Emergence investors will benefit from the success of Rcube Asset Management.

Press release.


Recent related coverage:
08.Nov.2013 Reservoir, Blackstone, Protégé, NewAlpha and Grosvenor make it to HFMWeek’s list of top 5 seeders

07.Nov.2013 French investment groups create European leader in incubation of active funds, NewAlpha AM

12.Jul.2013 French seeding platform EMERGENCE to launch new sub-fund dedicated to innovative equity strategies

Bg

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