HCM, a London-based boutique fund manager, is planning to unveil its second alternative UCITS fund in the first quarter of this year.
The new fund, which aims to capture volatility with minimal cost, has already attracted $40 million from two seed investors and is expected to be distributed via a UCITS platform. Other details about the fund are to be confirmed closer to its launch date.
Ed Wethered from HCM
The fund will invest in 31 systematic trading strategies and will enable institutional investors to diversify away from the traditional equity strategies that dominate the alternative UCITS