Mon, Oct 5, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

LGT Capital Partners to launch UCITS III fund accessing its managed futures strategy

Monday, April 26, 2010
Opalesque Industry Updates - LGT Capital Partners, a leading alternative assets and fund of funds manager, is launching its Crown Managed Futures UCITS Fund to offer a broader range of investors access to its flagship managed futures strategy.

LGT CP has been investing in managed futures since 1996. Crown Managed Futures, its flagship managed futures fund, has assets under management of USD 670 million . It has delivered an annualised gross return of 10.5% since launch in October 2000, compared to -2.1% for the MSCI World Index , showing almost zero correlation to equities.

Regulatory approval has been obtained and CMFU is scheduled to launch on 4 May 2010. Similar to the flagship fund, it will provide exposure to hedge fund managers trading commodities, equities, fixed income and foreign exchange. Exposure will be achieved via a UCITS eligible index of currently 15 managed accounts, which provide full position transparency and high liquidity, a core requirement for many hedge fund investors.

Werner von Baum, Partner, LGT CP, said:

“Managed futures offer true diversification and we believe they are a valuable component of investors’ portfolios in all market environments. Allocating to this space can reduce volatility and market risk of a portfolio, helping to generate superior risk adjusted returns.“

“Crown Managed Futures is one of our flagship products and we are launching a UCITS fund in this sector following strong demand from private clients, intermediaries and institutional clients who can benefit from the enhanced liquidity, transparency and regulatory oversight that such a product provides. For an UCITS product, it is of key importance that the underlying assets are well matched to the liquidity being offered to investors; managed futures is one of the most liquid hedge fund strategies available and is, therefore, an ideal fit.” Corporate website: Source

- FG

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. Performance - Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September, Risky strategy sinks small hedge fund[more]

    Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September From Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America'

  2. Opalesque Exclusive: IRAs represent billions of untapped capital for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Retirement accounts might not be the first source that comes to mind for those looking to raise funds, but they may represent billions of untapped capital. Unlike traditional retirement accounts,

  3. Opalesque TV: One way to access market hedge funds in the EU under the AIFMD radar[more]

    Benedicte Gravrand, Opalesque Geneva: While the Cayman Islands, the US and Hong Kong await the pan-European marketing passport to be extended to alternative investment fund

  4. Vilas’ equity long bias hedge fund generates market-beating results[more]

    Komfie Manalo, Opalesque Asia: The Vilas Fund, an equity long bias fund managed by Chicago, Illinois-based Vilas Capital Management, posted five-year annualized returns, net of fees, of 23.47% vs. 15.87% for the S&P 500 Index, including divid

  5. Performance - Manager admits spin used to hide poor performance, Fortress macro hedge fund slumps 17.2% amid manager shakeup, In the hedge fund world, bigger is still better[more]

    Manager admits spin used to hide poor performance From … Colin McLean, managing director of SVM Asset Management, told FTAdviser that fund managers underperform all the time, so stories are often needed to mask or explain this. “People need to build a good framework