Windsor-based Christopher Peel, partner and chief executive
of Blacksquare, says he is repositioning the asset manager to
focus on the UK retail market. Peel expects the absolute return
funds sector to grow exponentially because they are regulated,
liquid and transparent.
Christopher Peel from Blacksquare
Blacksquare's funds are UK-domiciled and regulated by the
jurisdiction's financial regulator, and are aimed at UK-based
private banks, stockbrokers and independent financial
The daily dealing Blacksquare Multi-Manager Absolute Return
Fund, which launched February last year, only invests in UCITS
III funds and has a volatility target of less than 4%. For the
final 11 months of 2010, the institutional class returned 2.08%
and the retail share class returned 1.73%.
Blacksquare Diversified Absolute Return Fund, which launches