German-based investment bank launches its first absolute return UCITS fund

Wed Apr 6, 2011

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Hamburg-based investment bank Varengold has launched its first UCITS fund.

The fund, Varengold Alternative Alpha, participates in the performance of a directive compliant managed futures index using a swap.

Lukas Diehl from Varengold

The index components generate their profits on more than 200 financial markets, with both rising and falling trends, according to Lukas Diehl, senior vice-president Varengold.

The index universe can include...

ISSN: 2151-1845 / CDC10004H

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