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Benedicte Gravrand, Opalesque London:
Alternative Asset Management Limited ("A2ML") started last week offering wealth managers a new range of fund strategies under the new branding of Megalio. One of these funds is a trend following fund that plays on volatility, another trades on convictions.
The Megalio Fund range is a new selection of funds based on existing tried and tested strategies, said the firm’s CEO.
Megalio Vision Fund
The Megalio Vision Fund, a short term high risk trend following fund that currently manages $1m, has annualised 158.81% since February 2009 and 238% cumulatively. Management fees are 2% and performance fees 40%.
According to the six-year old UK-based fund house’s website, the fund currently has a single-market strategy dedicated to investing in the DAX market volatility as an asset. There is hands on trading via constant monitoring of the markets during 'market hours' as traders scan for perceived trading opportunities, to create a long/short portfolio of short-term futures trades targeting maximum risk adjusted returns to build profit.
“Our Vision Fund traders have over four decades on experience. … The fact is that our traders are good at what they do and this level of expertise has been accumulated over a long period,” Nicholas J. Edwards, A2ML’s CEO, told Opalesque. “It is the strong bottom-up skills of our traders combined with our unique top-down approach including specific risk controls ...................... To view our full article Click here
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