Abbey Capital Limited’s mutual fund, the Abbey Capital Futures Strategy Fund surpassed USD300 million assets under management as at 31 December 2015.
Launched on 1 July 2014, the Fund has returned over 23 per cent since inception and offers individual and institutional investors access to a multi-manager managed futures strategy, complemented with an actively managed fixed income exposure, achieved in a highly competitive cost structure.
“We are delighted with the strong asset growth which we believe reflects the growing appetite for liquid alternatives and also the unique attributes of our product offering,” says Mick Swift, Deputy CEO of Abbey Capital. “We believe the blend of trend, value and macro strategies using a multi-manager approach provides investors with a highly effective means of gaining exposure to a return source for their portfolios which is uncorrelated with equities and bonds.” Mick Swift continued by saying “We were also delighted with our recent award, particularly as this was judged on quantitative analysis as well as qualitative experience and expertise and is therefore welcome recognition of both our company and the performance of the Fund.
Abbey Capital’s core investment philosophy is to deliver cost efficient investment products which generate absolute returns while leveraging the expertise of the portfolio managers and investment team in manager selection, portfolio construction and risk management. A key differentiator for the Fund is that there are no performance fees at any level.