Launches & Closures

Newscape plans more alternative UCITS fund launches


Newscape Capital Group is planning to unveil two more alternative UCITS strategies following the launch of its multi-asset strategy last month.

The London-based specialist investment firm, which launched a strategic bond fund in November 2010, is going to launch a currency and equity portfolios in the coming months which will have a capacity of around $500 million.

Stephen Decani, chief executive of Newscape, says the aim of the asset manager is to bring out niche strategies using the UCITS framework.

He adds: “Our unique selling point or specialism is portfolio construction and risk management. We aim to protect on