Launches & Closures

Tideway goes onto the Alceda platform

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Tideway Investment Partners is the latest asset manager to launch a fund on the Alceda Fund Management UCITS platform.

The Luxembourg-domiciled Global Navigator UCITS Fund invests primarily in currencies and fixed income; equity market exposure is typically capped at 15%.

Michael Sanders chief executive of Alceda

London-based portfolio manager, Peter Doherty, targets a return of 8% per year after all fees using a multi-asset approach.

An institutional share class is already open for subscription, which has a minimum investment of £250,000 and an annual management charge of 1%. The retail share class, expected to be available next