The Omni Macro Ucits Fund will feature on the IAM investments ICAV platform and will follow a similar strategy to the firm’s macro fund.
The portfolio, which will be managed by chief investment officer Stephen Rosen, is highly concentrated, typically pursuing between two and five core trading strategies at any given time, with each strategy tending to include between one to three line items.
Rosen said: “The Omni Macro Fund is noted for a strong positive skew and returns driven by significant movements of convexity when structural themes play out. For example, the fund has delivered annualised returns of 12.5% since inception and 8.4% in 2015.
“Something investors find particularly attractive is that the fund has an upside volatility of 11.9% versus a downside volatility of just 3.9%. Investors, especially those in Europe, are increasingly turning to absolute return Ucits strategies in a bid to generate returns.
“We therefore look forward to providing them with a strategy that has a proven track-record of success through multiple market conditions, whilst also exhibiting low beta to other global macro hedge funds.”
