Sun, Feb 1, 2015
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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would