Press Releases

Source : FTfm

New funds

 

● Origo Partners has unveiled a Mongolia Fund, which offers exposure to companies listed on the Mongolian Stock Exchange as well as the Tugrik - the second best-performing currency against the US dollar last year. This open-ended fund requires an investment of at least $10,000 and is expected to begin trading in October.

● Pimco has launched the GIS Global Advantage Real Return fund, which will invest in inflation-linked bonds issued by developed and emerging market countries. Higher portfolio weightings will be awarded to less-indebted countries.

● Old Mutual Asset Managers is to launch a UK Opportunities Fund, a long/short UCITS fund, before the year’s close.

● Mayfair Capital Investment Management has restructured its MC Income Plus fundto cater to pension fund investors. The MC Special Opportunities Fund has also been renamed the MC Property Growth Fund.

● RWC Partners is to unveil the RWC Macro Fund - a discretionary, macro trading strategy that invests across liquid-rate and currency markets, by the end of October. Managed by Peter Allwright and Stuart Frost, the fund will replicate the Threadneedle Macro Trading Crescendo Fund for which the pair were previously responsible.

● Stuart Mitchell is to introduce a long-biased pan-European Ucits fund in November. Retail investors must stump up $10,000 and institutional investors at least $1,000,000. A performance fee of 15 per cent applies in addition to annual management fees of 1-1.5 per cent.

● Slater Investments will unveil the MFM Slater Income fund, which will invest in shares of high-yielding companies with growing profits and strong cash flows, this week.

● Aquila Capital has launched AC Spectrum, a Ucits compliant CTA fund in the UK. It is one of the first liquid futures funds to offer daily liquidity.

● PineBridge Investments has created a euro-hedged share class for its merger arbitrage fund.

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