Thursday, 21 August 2014
Last updated 7 hours ago
Oct 1 2007 | 11:28am ET
Dublin, Ireland-based Abbey Capital has launched a global macro fund of funds with $40 million in assets. Domiciled in Malta, the Abbey Capital Macro Fund will invest in a group of global macro managers diversified across market sectors, time frames and trading styles.
The Abbey Capital Macro fund will invest in eight managers trading financial and commodity markets. The fund will allocate to managers using both managed accounts and fund vehicles. “We believe that the recent dislocation in the credit markets, which has increased volatility in the financial and commodity sectors, should provide a positive environment for a Global Macro approach,” said Tony Gannon, founder and CEO.
The new offering charges 75 basis points for management and 10% for performance, with a minimum investment requirement of $125,000.
Abbey Capital was founded in May 2000 and manages over $1 billion in managed futures, global macro and foreign exchange investments.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note