Launches & Closures Wrappers / Structures

Harcourt launches Vonda UCITS fund to focus on liquid markets


Harcourt Investment Consulting, a Zurich based firm with $4.5 billion under management, has launched the Vonda UCITS Fund, which, like the LGT Crown Managed Futures UCITS Fund, the new Kairos CTA fund and Permal's Active Trading Fund (see page 39), will focus on a liquid and uncorrelated part of the market. The Vonda UCITS fund was launched in June with initial assets of $60 million and has additional commitments of $50 million.

The fund, which will invest in 10 to 15 managers, will focus on managed futures and global macro strategies, and aims to provide investors with a sound uncorrelated