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Abbey Capital launches its latest US mutual fund, the Abbey Capital Multi Asset Fund

Thursday, April 12, 2018
Opalesque Industry Update - Abbey Capital announced the launch of its latest US mutual fund, the Abbey Capital Multi Asset Fund (MAFIX) which continues the investment strategy of an existing Abbey Capital private placement fund with a 16-year track record (the Predecessor Fund). Since the Predecessor Fund's inception in May 2002 it has generated a net annualized return of 10.2%.

MAFIX combines an allocation to a multi-manager managed futures strategy with a managed long US equity exposure. The long equity exposure is achieved through S&P 500 futures contracts while the managed futures strategy provides bi-directional exposure to over 120 markets across equity indices, commodities, bonds, interest rates and foreign exchange. The remaining cash is invested in a short-dated fixed income strategy.

"We have been managing multi-asset portfolios combining long equity exposure with managed futures allocations for many years and are excited to bring this approach to multi-asset investing to the US mutual fund market" commented Tony Gannon, CEO and CIO of Abbey Capital. "We believe combining two strategies, which have been historically uncorrelated, can produce more consistent portfolio returns and make it easier for investors to maintain exposure to each strategy over time. One of the features of the product is the capital efficiency which is achieved by executing the strategy via futures contracts, effectively generating leverage in the product without the need for any borrowing".

Abbey Capital's mutual fund offering also includes the Abbey Capital Futures Strategy Fund ("ABYIX"), a specialist managed futures strategy, launched in July 2014 and currently with circa. $980m in assets under management.

About Abbey Capital

Abbey Capital is an Irish alternative investment fund manager which specialises in managing multi-manager portfolios in managed futures. We were founded in 2000 and have grown to become the world's largest manager of multi-manager managed futures funds.

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