Bringing you live news and features since 2006 

Thames River launches absolute return fund of funds

RELATED TOPICS​

Thames River Capital has launched a Ucits III absolute return fund of funds with GBP47m already raised.

The Thames River Absolute Return Fund will be managed by alternatives specialist Ken Kinsey-Quick and assistant fund manager James Rous.

The fund will invest on a global basis, across multiple asset classes with a bias towards more liquid asset classes and the developed world.

Initially the portfolio will be biased toward market neutral equity and macro funds reflecting the team’s outlook for equities which, they believe, will struggle to break their 2007 highs, and that volatile financial markets will suit macro managers.

The fund has a target return of five to ten per cent with a five per cent volatility target and weekly liquidity.

The fund will aim to outperform global bonds as measured by the Barclays Aggregate Bond Index and will invest in a diversified portfolio of 20 to 40 absolute return funds with allocations of between one and five per cent of NAV. These include equity long-short, global macro, convertibles, credit, event driven and emerging markets long-short.

Thames River investment director Michael Warren says: “Markets have rallied aggressively since their 2009 March lows but many investors missed the rally and remain nervous about investing post the upturn in the market whilst the return on cash is almost negligible. This fund offers a suitable low risk alternative to the more cautious investor. As investors seek a higher return on their money, we believe the Thames River Absolute Return Fund can offer investors a well diversified, low volatility fund investing in funds managed by a growing pool of blue-chip managers in the absolute return sector.”

Latest News

EFAMA has published its latest Monthly Statistical Release for May 2024...
Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..
Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended the week at approximately USD68,150, marking a 12.1..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by