Australian hedge fund seeder\u00a0<\/b>Scout Global Funds has joined IMQ as co-seed of Romanesco Capital Management\u2019s\u00a0systematic trading strategy, the Persistence Fund.<\/p>\n
Scout aims to identify and invest in \u2018best of breed\u2019 emerging managers worldwide. The firm\u2019s mandate is to allocate to well-researched, innovative and disciplined strategies with smaller assets under management, as these emerging managers often offer a compelling investment case.<\/p>\n
Scout\u2019s backing of the Romanesco Fund alongside\u00a0IMQ\u00a0provides the new fund with another endorsement and connects it with a complementary group of investor candidates.<\/p>\n
Persistence\u2019s portfolio is broadly diversified across 45 liquid futures markets comprising\u00a0currencies, bonds, equity indices and commodities that are implemented across the different geographical regions on a 24-hour basis with the help of a proprietary developed automated execution algorithm. The algorithmic models look for break-outs from trading ranges and aim to reduce exposure after spikes in volatility.<\/p>\n
The trading models can be long, short or flat in each market. As such, Persistence is more selective than most funds in deciding when to be exposed to particular markets.<\/p>\n
IMQ\u2019s CEO and Founder, Jeroen Tielman, commented:\u00a0\u00a0\u201cWe welcome this development as another step in our ambition to develop a collaborative, global network with institutional investors and like-minded seeders.\u201d<\/p>\n
Added Scout director, Oliver Alliker: \u201cWe are very pleased to be working with IMQ on a co-seeding of the Romanesco Persistence Program.<\/p>\n
\u201cScout shares the view with IMQ that an exposure to emerging managers can provide investors with added diversification and non correlation.\u00a0 With the opportunity for strong performance if the processes are in place to conduct detailed due diligence and adequately monitor managers.<\/p>\n
\u201cLike IMQ, we have identified Romanesco as a strong prospect. The strength of its short-term asymmetrical strategies are shown by its excellent risk adjusted returns over a difficult period for many of the more established systematic traders,\u201d Mr Alliker said.<\/p>\n
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Australian hedge fund seeder\u00a0Scout Global Funds has joined IMQ as co-seed of Romanesco Capital Management\u2019s\u00a0systematic trading strategy, the Persistence Fund. Scout aims to identify and invest in \u2018best of breed\u2019 emerging managers worldwide. The firm\u2019s mandate is to allocate to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,4],"tags":[],"class_list":["post-34937","post","type-post","status-publish","format-standard","hentry","category-press-releases","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=34937"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34937\/revisions"}],"predecessor-version":[{"id":34938,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34937\/revisions\/34938"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}