Launches & Closures Wrappers / Structures

Five year old fund opens to investors for the first time


Quaesta Capital has opened its UCITS-compliant fund to all investors for the first time.

The Bond Global Select absolute return fixed income strategy was originally launched in March 2005 exclusively for a group of pension funds who seeded the fund.

In consultation with Quaesta’s seed investors they decided to open it up to other investors in May 2010.

Frankfurt and Pfaeffikon in Switzerland-based Quaesta has created a fully UCITS-III public investment fund almost two weeks ago.

The fund takes a defensive investment approach. It invests at least 51% of the assets in interest-bearing securities, including debt and money market instruments of EU member states.

The second significant part of the portfolio positioning stems from the