Hedge Fund
Press Release – ART Global Macro Fund (UCITS) Doubles Assets To 47 Million Euros Within First 10 Months - June 23, 2021
June 2021 - Hedge Fund
Press release – ART Global Macro Fund (UCITS) doubles assets to 47 million euros within first 10 months
The fund volume of ART Global Macro (ISIN: DE000A2P0U66) has already increased by more than 100 percent before its one-year anniversary and currently stands at more than 47 million euros. The independent provider and specialist of ‘quantamental’ macro strategies ThirdYear Capital launched the absolute return fund together with its distribution partner Agathon Capital in mid-August 2020. In addition to investment returns, fund inflows are mainly responsible for the positive performance. Institutional investors continue to represent the largest investor group, but private investors are also convinced by the UCITS fund. ‘Our goal is to offer a risk-controlled alternative in the current low-interest environment. The great interest in ART Global Macro shows that we have hit investors’ needs with an attractive fund concept,’ says Martin Rossner, managing director of fund advisor ThirdYear Capital. ‘The team of Agathon Capital and ThirdYear Capital would like to sincerely thank the investors for their special support and trust in the early phase of the fund.’
ART Global Macro's systematic strategy uses short-term economic forecasts to identify historical cause-and-effect chains in real time and anticipate their impact on financial markets. ‘Quantamental’ investing, a combination of quantitative and fundamental factors, is designed to provide the opportunity for profits from both fundamental trends and turning points in the capital markets. The fund invests in liquid and exchange-traded instruments such as stocks, government bonds and derivatives (futures). ‘An added value is the broad real-time application of the system across different countries and asset classes. So the portfolio is always diversified, hence event risks can be reduced,’ explains Kai Moesmang, Global Macro Analyst at ThirdYear Capital. In addition to absolute returns, the fund aims for a competitive Sharpe ratio. This way, the fund aims to generate differentiated and significantly positive returns regardless of different market environments.
‘Looking ahead to the second half of 2021, the strategy identifies high valuations as well as interest rate and inflation risks to financial markets. In this environment, global macro strategies are well suited to generate absolute returns through a broad selection of instruments and opportunities. Our proprietary global macro strategy therefore uses a risk-weighted and flexible portfolio to benefit from strengthening fundamental trends and divergences with moderate equity market beta,’ explains Moesmang.
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Kind regards,
ThirdYear Capital