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Tages Capital launches fourth single-strategy UCITS alternative fund - Tages Rotella UCITS Fund

Monday, July 03, 2017
Opalesque Industry Update - Tages Capital (Tages) in partnership with Chicago & Bellevue based Rotella Capital Management (Rotella), announced the launch of the Tages International Funds SICAV - Tages Rotella UCITS Fund. This will be the fourth sub-fund of Tages International Funds SICAV, a UCITS-compliant umbrella fund structure domiciled in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF).

Rotella, established by Robert Rotella in 1995, has been a pioneer in the development of specialist systematic managed futures programmes. The Rotella Polaris Program has been managed since 1991, with the objective of producing consistent absolute returns, minimising monthly drawdowns, and maintaining relatively low volatility. The Tages Rotella UCITS Fund, leveraging the Rotella Polaris strategy, is launching with a minimum of €25 million of institutional capital.

Jagdeesh Prakasam, Co- CIO, Rotella Capital Management said: "Rotella is delighted to partner with Tages in order to offer our long running Managed Futures programme to UCITS investors. We see this vital partnership with Tages as a gateway for UCITS investors to access the best of Rotella's thinking on the financial markets created by our experienced research talent. Our intermediate to long-term trend following managed futures programme has a 25+ year track record of consistent absolute returns, with a low correlation to stock and bond markets. We are pleased to be able to offer the strategy in a UCITS regulated format. With Tages representing one of the most active firms investing in the fast growing UCITS alternatives segment, this Fund will broaden our client base and enable us to attract new interest in our strategy".

Jamie Kermisch, CEO, Tages Capital said: "Rotella has been paving the way in systematic managed futures investing for 25 years and has a demonstrable long-term track record of delivering non-correlated returns. We are pleased to partner with a business of such an outstanding pedigree, that continues to show commitment to being a leader in the world of systematic investing. As the fourth fund to launch on our UCITS alternative platform in just over a year, Tages remains committed to providing investors access to experienced, high quality managers of differentiated strategies."

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