Thames River Unveils UCITS III Absolute Return Fund

Jan 14 2010 | 8:50am ET

London-based Thames River Capital has launched a UCITS III absolute return fund of funds with £47 million in assets under management.

The new vehicle—the Thames River Absolute Return Fund—is being managed by alternatives specialist Ken Kinsey-Quick and assistant fund manager James Rou. The pair will invest on a global basis, across multiple asset classes with a bias towards more liquid asset classes and the developed world.  Initially, the portfolio will be biased toward market neutral equity and macro funds reflecting the team’s outlook for equities, which, they believe, will struggle to break their 2007 highs, and that volatile financial markets will suit macro managers.

The Thames River Absolute Return Fund will invest in a diversified portfolio of 20-40 absolute return funds with allocations of between 1- 5% of NAV. These include equity long-short, global macro, convertibles, credit, event driven and emerging markets long-short. The fund has a target return of 5-10% with a 5% volatility target and weekly liquidity.

“Markets have rallied aggressively since their 2009 March lows but many investors missed the rally and remain nervous about investing post the upturn in the market whilst the return on cash is almost negligible,” said Michael Warren, investment director at Thames River. “This Fund offers a suitable low risk alternative to the more cautious investor.”

Kinsey-Quick added, “Over the past few years, many experienced hedge fund managers have established UCITS III absolute return funds and our proprietary database includes a talent pool of well over 300 absolute return funds.  Although the track records of many of these UCITS funds are short, the managers themselves are well known to us and have extensive experience managing offshore vehicles”


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Hedgies, Economists and Musicians Mingle At Milkin Mixers In Hamptons

Aug 25 2014 | 6:00am ET

Leave it to Michael Milken to bring some gravitas and sweat to the Hamptons -- along...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.