Wednesday, 26 April 2017
Last updated 5 hours ago
Nov 28 2012 | 1:00am ET
Coeli AB has added a second hedge fund to Deutsche Bank's managed accounts platform.
Investors can now access the Swedish firm's trend-following Spektrum Fund on the dbSelect platform. The US$110 million vehicle invests in fixed-income, foreign exchange, commodity futures and equity indices, the latter with a contrarian short-term counter-trend model.
"There are many ways to be a successful trend follower, and we have established our own unique way to successfully navigate markets," portfolio manager Ingemar Bergdahl said. Spektrum boasts annualized returns of 13.6% over the past three years.
Coeli first joined dbSelect in July with its Power Surge fund, which invests in Nordic electricity markets.