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Benedicte Gravrand, Opalesque Geneva for New Managers:

    Combining its innovative technology platform with innovative emerging quantitative strategies, a Bahamas-based firm is launching a multi-strategy fund that employs managed accounts and charges low fees.

  Scout Global Funds was originally founded in Sydney and seeded by a family office in 2006. Since then, it has invested in a broad range of emerging CTA and FX trading managers via managed accounts with internally sourced capital.

  The managers in which they invest on the Scout Insight platform cover a range of international listed futures and foreign exchange markets. Scout has captured data on several hundred emerging managers and has entered into managed account agreements with more than 40 managers since inception.

  The company decided to replicate their model in a fund structure, and is preparing the launch of the Scout Advantage One Fund for September. The Cayman-domiciled fund will be run like a multi-strategy fund, as opposed to a fund of funds, and its emerging managers will only be paid only on performance.  It will include 10 managers which already trading live on Scout's beta platform. The fund’s management fee is 0.6% and the incentive fee 5%. Asset under management are to be confirmed.

  "Scout's business combines emerging managers with......................

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