Mon, Dec 5, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Newscape launches third specialist UCITS fund

Monday, November 26, 2012
Opalesque Industry Update - Newscape Capital Group, the London based investment firm, has launched its third specialist UCITS Fund, its second launch in as many months. The Newscape Dynamic Rates and Currency Fund will target an annualised return of 12‐15% with annualised volatility expected to be around10%. The Fund will invest in the currencies and interest rates of OECD countries and is UCITS approved with daily liquidity, offered in Euro, GBP, Swiss Franc and US Dollar share classes.

While many investors have a large exposure to fixed income and equity asset classes, few have any capital committed to active investment in the largest market in the world – currencies. The Newscape Dynamic Rates and Currency Fund will offer investors the opportunity to access this attractive market in an extremely liquid and regulated format.

Stephen Decani, Newscape CEO commented, “the currency market is the largest market in the world with daily turnover in excess of US $5 trillion, more than 5x the average daily volume of the US bond market or over 25x the value of the average daily volume of the US equity market. Philippe has spent over three years developing the quantitative strategy and models behind the fund and we are excited to be launching it to the market.”

Philippe Bonnefoy, the lead manager of the Fund and Newscape’s Chairman & CIO, commented, “The currency market offers an exciting investment proposition as the majority of participants are not profit seeking. Central banks, sovereign wealth reserve managers, financial institutions, importers, exporters and consumers primarily use the market to hedge or settle financial transactions. This creates many opportunities for those investors seeking to gain from these inefficiencies. Through a detailed analytical process the Fund uses proprietary quantitative models to identify investable opportunities that have the highest probability of generating excellent risk‐adjusted return. The quantitative models identify trend, breakout, mean‐reversion and general structural mispricing."

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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Europe - UK investors to pay more tax on money in offshore funds, Do you want to hand your money to super-algo or a Swiss banker?[more]

    UK investors to pay more tax on money in offshore funds From FT.com: Hedge funds in Dublin and Luxembourg are set to be hit by new rules that will force UK investors to pay more tax on the money they hold in offshore funds. As part of the government’s Autumn Statement on the country’s fi

  3. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  4. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  5. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan