Tue, Dec 1, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

ThirdYear Capital launches macro fund with Agathon Capital and Universal-Investment

Friday, October 23, 2020

Bailey McCann, Opalesque New York for New Managers:

ThirdYear Capital has launched a new macro UCITS fund together with Agathon Capital and Universal-Investment. The ART Global Macro fund invests in liquid and exchange-traded instruments such as equities, government bonds and futures. The fund was launched with EUR 20 million and is administered by Universal-Investment.

ThirdYear Capital is known for its quantamental trading strategies. The firm is led by Martin Rossner who was previously with Man Group.

ThirdYear's approach to investing relies on "nowcasting" - using technology to provide short term forecasts of economic activity - along with fundamental analysis. For the ART fund, ThirdYear processes over 5,000 selected economic and financial time series to predict economic activity for over 20 countries in the near future. The methodology, popular with central banks, uses higher frequency data to determine lower frequency economic data before it is released. This results in continuous indicators that are recognized as cause-and-effect relationships. By identifying the cycle phases, the strategy is informed about the expected returns of the asset classes. Fundamental analysis works alongside these projections as a check on the data and an additional layer of insight.

Unlike other macro funds, factors and technical trend signals are deliberately avoided.

In an interview ......................

To view our full article Click here

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. Renaissance, Two Sigma see losses as quant giants navigate chaos, Hedge fund run by BofA veterans trounces 99% of Brazil peers, Amid a tough year, CQS makes changes - and sees a rebound[more]

    Renaissance, Two Sigma see losses as quant giants navigate chaos From Bloomberg: Two of the hedge fund industry's quantitative powerhouses are getting tripped up this year as wild markets throw off their investing models. Renaissance Technologies, which manages the world's biggest q

  2. Investing: Hedge funds bet on tech ahead of unpredictable fourth quarter, The Tiger crowd's fresh buys, raises Uber stake, David Einhorn adds Twitter and Intel shares, keeps big bets on inflation, Palantir stock rockets to record highs as hedge funds disclose stakes, Trian dumped GE stock, but Druckenmiller stood pat in Q3 as SEC probe heated up[more]

    Hedge funds bet on tech ahead of unpredictable fourth quarter From Bloomberg: Hedge funds mostly stuck with the safety of technology stocks during the third quarter as they headed toward the uncertainty of this month's U.S. election. If they're still holding on to those wagers, it will

  3. SPACs: As Ackman hunts blockbuster deal, he counts on big backers[more]

    From Reuters: Hedge fund veteran William Ackman has the support of some of Wall Street's top investors as he tries to pull off the biggest-ever deal carried out by a blank-check acquisition company, according to regulatory filings published in the last few days. Among the heavy hitters rounded u

  4. Bill Ackman is bullish on stocks for 2021, but has a hedge position for a 'tragic' end to 2020[more]

    From CNBC: Billionaire hedge fund manager Bill Ackman, who made big money betting against the markets earlier this year, said he's optimistic about a recovery in 2021, but investors will need to get through a "tragic" year-end first. "We think the next couple of months unfortunately are going to

  5. SPACs: Media, energy-focused SPACs raise $561m in market debuts[more]

    From Law 360: Two blank-check companies, one led by former Disney executives and the other backed by Apollo Global Management, started trading Wednesday after raising a combined $561 million in initial public offerings. Forest Road Acquisition Corp. raised $261 million in its upsized debut, wh