Reyl Asset Management, part of Reyl & Cie in Geneva, has launched the Reyl Velocity Fund that focuses on fast-trading strategies.
The Irish-domiciled fund is initially investing with seven managers, two of which are specialised in commodity trading advisers and another two in volatility arbitrage. There are also two long/short equity managers and a US mortgage-based securities trader. Overall, the fund is looking to deliver risk-adjusted returns within a range of 15% to 20%.
Fabrizio Ladi Bucciolini
Fabrizio Ladi Bucciolini, senior fund manager and head of alternatives, said that the fund would add new managers