UCITS-compliant AC Spectrum Fund, which was conceived by Professor Harry Kat of Cass Business School, celebrates its first anniversary.
The fund has assets under management of more than $226 million (€180 million), and has been one of the fastest growing in the alternative UCITS sector, according to Hamburg-based Aquila Capital.
Roman Rosslenbroich from Aquila
The AC Spectrum Fund has delivered a return of 4.62% since its launch in May 2011. Year-to-date the fund is down 2%, but in May it returned 6%.
The CTA strategy is a liquid futures fund and is one