Bringing you live news and features since 2006 

Bloxham launches Midas Global Absolute Return Fund

RELATED TOPICS​

Dublin-based Bloxham has launched the Midas Global Absolute Return Fund, a euro-based fund targeting UK investors.

The low/medium risk fund uses Bloxham’s Midas system, which makes an overnight search of over 2,000 stocks and sectors globally.

The system identifies technically overbought and undersold opportunities and detects emerging trends, well ahead of more traditional techniques.

Kevin McConnell, fund manager and Bloxham director, says: “The technology has been ‘stress tested’ and was initially built to combat the worst market conditions evidenced post Lehmann Brothers collapse.

“The fund uses a variety of indicators and unbiased decision making to determine what to invest in and this ensures the fund is effectively a relatively low risk investment.”

McConnell says the fund should have steady growth of around six to eight per cent per annum.

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
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