Prime broker Newedge has been appointed as exclusive swap counterparty to the EEA Diversified Trends fund.
The fund, managed by London-based EEA Fund Management, is an Irish-domiciled UCITS.
Andrew Dollery, head of origination and structuring for UCITS funds at Newedge, says: “Working with fund managers like EEA is further validation that regulated onshore investment products are increasingly important to the alternative investment community.”
Darran Goodwin, portfolio manager at EEA Fund Management, adds: "We believe the product can add important diversification benefits to many traditional investor portfolios.”
Newedge offers synthetic prime brokerage and clearing solutions for regulated investment products such as UCITS compliant