Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a652951
Cantab launches quants-based macro fund to wider market
by James Phillipps on Jan 23, 2013 at 11:50
Cantab Capital Partners has launched a new systematic global macro fund.
The CCP Core Macro fund has been structured as a feeder fund into the underlying Cayman-domiciled master fund and is designed to provide returns that are uncorrelated to bond and equity risk with daily liquidity.
Cantab, which runs $4.7 billion in quantitative strategies, invests across a broad range of asset classes using its proprietary trading systems.
Many managed futures fund have struggled since the financial crisis, but Cantab’s core strategy was up by over 10% last year.
CCP Core Macro has both sterling and dollar share classes with minimum investment of $1 million, although investors stumping up $50 million will have a reduced charging structure of 0.5% annually with a 10% performance fee, instead of the traditional 2 and 20.
Cantab founding partner and chief investment officer Ewan Kirk said: ‘We have seen more and more institutions investing in systematic macro as it is perhaps the only liquid investment style that exhibits negligible correlation to equity and bond markets over time.’
News sponsored by:
Today's top headlines
More about this:
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.