Insch Capital Management, the London and Lugano-based alternative investment manager, has recorded gains of 6.06 per cent in its gold investment strategy, Kintore, during the month of November.
This figure brings the total return in Kintore, which powers the Insch Goldilocks Fund, to over 27.2 per cent for the year-to-date against a gold price fall of over 5.9 per cent.
Following extensive live trading, Kintore was opened to managed accounts in February 2015. The new trading approach, which draws on Insch Capital’s lengthy experience managing currency portfolios, is a systematic trend-following investment strategy which treats gold as if it were a major currency and trades it in crosses against USD, EUR, CHF, GBP, JPY, AUD. Each cross or position is ‘risk equivalent’ at inception, which means that all positions are equivalent in terms of percentage of portfolio, volatility and risk.