Sun, Jul 24, 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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe