Sat, Aug 23, 2014
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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added