Peter Allwright and Stuart Frost have taken over day-to-day management of RWC Partner’s $60 million Cautious Absolute Rate and Currency (ARC) Fund.
The two came to RWC in October from Threadneedle, where they were joint portfolio managers of the Threadneedle Target Return Fund, the Absolute Return Bond Fund and the Macro Crescendo Trading Fund (a hedge fund).
The RWC Cautious ARC Fund will continue with its existing target of cash +3% over the market cycle—the same target as two of the funds Allwright and Frost managed previously.
Together, Allwright and Frost have over 20 years’ experience in managing fixed income funds. Their investment approach involves core allocations to high grade fixed income, supplemented by alpha strategies that take advantage of investment opportunities in the fixed income and currency markets.
The fund is daily priced, UCITS III and is registered for sale in Italy, Germany, Luxembourg, the UK and Switzerland. The fund also offers existing fully hedged share classes in EUR, CHF, GBP and USD currency denominations.