US - Aspect Capital will launch a new fund, the Aspect Currency Fund, on November 1 , 2001.
The new fund, a global currency trading programme will start with more than $25m from institutional investors. The fund aims to deliver average returns of 25% per annum with controlled levels of risk.
A highly diversified portfolio is achieved by combining value and momentum factors over multiple timeframes, across a broad universe of more than 25 currency markets worldwide.
Richard Conyers, Aspect head of fixed income, said: “The low correlation of currencies with traditional asset classes and other hedge fund products renders managed currencies a viable and attractive option when selecting investment for a global portfolio.”
Aspect currently manages more than $100m in FX.
In this week's Pensions Buzz, we want to know if The Pensions Regulator (TPR) is taking the right approach by naming and shaming schemes which breach their auto-enrolment (AE) duties.
Raised over £167,000
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