Thursday, 24 July 2014
Last updated 8 hours ago
Jul 11 2011 | 2:31pm ET
French commodity trading advisor John Locke Investments has launched a UCITS-compliant version of its flagship Cyril Systematic Program.
The Cyril Systematic Fund was recently approved by the French regulatory authorities and has almost €30 million in assets under management. The fund will provide daily
liquidity to its investor base.
Said François Bonnin, CEO and founding Partner of John Locke Investments: “CTAs have proved their value within investor portfolios over the last 30 years and this was never more apparent than during the recent market crisis in 2008. Our strategy is well suited to the UCITS structure as we do not have to alter our trading approach in order to comply with UCITS regulations. UCITS investors now have access to a strategy that has delivered consistent non correlated returns to investors over the last 11 years.”
John Locke expects the new UCITS vehicle to broaden its prospective investor base in both Europe and Asia.
Founded in 2001, John Locke Investments is based in Fontainebleau, France and serves a wide range of international clients.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…