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Threadneedle unveils absolute return fund for Robin

Threadneedle unveils absolute return fund for Robin

Threadneedle has launched an absolute return fund investing in commodities for manager Nicholas Robin, targeting 10-15% return on an annualised basis.

The non-Ucits, Columbia Threadneedle Sicav-SIF Absolute Commodities fund is aimed at sophisticated investors and joins the firm’s existing long-only product, the $1 billion Enhanced Commodities fund, which was launched in 2010.

The new fund will use the same strategies as Enhanced Commodities, but will be an unconstrained, high conviction version.

Robin, who joined the firm in 2010 and has over 12 years’ experience in long/short commodities and index trading, co-manages the Enhanced Commodities fund with David Denora.

Gary Collins, head of UK Distribution at Threadneedle, said: ‘Our clients have indicated a great appetite for a product designed to produce absolute returns which are de-correlated from commodity markets and other asset classes.’

The fund has a minimum investment of €125,000. Columbia is the US-based fellow asset management subsidiary of Ameriprise. 

Since launch, the Threadneedle Enhanced Commodities fund has returned 33.2% compared to the index return of 10.8%.

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Nicolas Robin
Nicolas Robin
6/6 in Alternative UCITS - Commodities (Performance over 3 years) Average Total Return: -23.83%
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