Hamburg, 17 April 2018. Aquila Capital has partnered with US-based investment manager Algert Global LLC to launch a global equity market neutral strategy with daily liquidity in a UCITS format designed to deliver returns uncorrelated with equity markets.
The AQC - Algert Global Equity Market Neutral UCITS Fund (the Fund) aims to deliver returns with an annualised volatility of 6% to 8% by taking long and short exposures in equity and equity-related securities. The Fund seeks to draw on Algert Global‘s insights into inefficiencies caused by behavioural and cognitive biases which have been developed and refined by Algert Global’s experienced investment team since 2003. It blends fundamental analysis with what it believes to be a disciplined, systematic investment approach and employs a diverse set of proprietary models to create a stock-specific forecast while attempting to control systematic risks. The strategy focuses on longer-term signals where there appears to be less crowding, lower decay rates and more stable opportunities.
Algert Global has joined Aquila Capital’s AQC platform, which offers a range of alternative UCITS strategies via its Luxembourg-based fund platform. The AQC platform provides IT infrastructure, risk management, compliance and distribution services to fund managers, enabling them to concentrate on their core business of managing liquid alternative strategies.
The partnership underlines Aquila Capital’s strategy to work with outstanding alternative asset managers and enables Algert Global to strengthen its presence in Europe.
Manfred Schraepler, Managing Director and Head of Financial Assets at Aquila Capital, comments: “With our dedicated UCITS platform, we aim to bring to the market carefully selected managers in a cost-efficient and liquid format. We are delighted to partner with Algert Global to bring their equity market neutral strategy to Europe.”
Jan Bratteberg, Partner and Head of Investment Strategy at Algert Global, comments: “The UCITS fund structure has become the fund structure of choice for many European investors and this partnership provides us with an opportunity to engage with some of these investors. Aquila Capital offered us a platform with related services that we found to be an attractive proposition as we start to expand our business into Europe.”
Institutional investors can currently access the Fund via a range of institutional share classes.
