Bernheim Dreyfus & Co and Aquila Capital have reported positive performance for their respective UCITS funds launched last year.
The Diva Synergy UCITS event driven strategy fund managed returned 1.34% during its first seven months of operations during a period when the Absolute UCITS single manager composite was down 3.69% last year.
Jan Auspurg: Aquila Capital
While Hamburg-based Aquila’s AC Quant Spectrum Fund, which uses a commodity trading strategy strategy, has returned 6.78% since its inception to the end of 2011. It launched in May 2011 and the fund’s returns exceeded the returns