Launches & Closures Wrappers / Structures

QCM starts first UCITS managed futures fund


Quality Capital Management, the Weybridge, Surrey-based systematic macro firm led by long-standing managed futures specialist Aref Karim, has launched a UCITS-compliant fund that replicates its flagship managed futures strategy.

The DB Platinum IV QCM GDP Index Fund is registered in Luxembourg and is part of Deutsche Bank’s db funds platform.

QCM’s flagship Global Diversified Programme is a long/short fund trading 115 financial and commodity futures. It has achieved an annualised return of 14.95% since inception 14 years ago, and 21% over the five years to the end of April 2010.

The UCITS version will target institutional investors, with plans to