Opalesque – SteppenWolf Capital, a Swiss-based, macro-focused investment management firm, launched a UCITS IV-compliant fund called “5D SteppenWolf Macro Alpha UI” on 13 May. This German-domiciled fund offers daily liquidity and its fees follow hedge funds’ 2 and 20 structure.
The Fund invests entirely in liquid listed securities, futures and options across five major asset classes (equities, bonds, currencies, bullion and credit) in developed American, European and Asian markets, according to SteppenWolf’s literature.
