RPM launches UCITS compliant multi-strategy fund
Stockholm based RPM Risk & Portfolio Management has received approval from the Financial Supervisory Authority, CSSF, in Luxembourg to start marketing its Ucits compliant multi-strategy fund – RPM Directional.
The fund is a sub-fund of RPM FCP, a Ucits compliant Luxembourg Fond Commun de Placement.
It will be launched together with Alceda Fund Management on 1 September. Alceda will serve as the fund’s management company, while RPM will act as investment adviser to the fund.
The RPM Directional Fund will combine a selection of directional strategies that have different inherent characteristics. With trend following strategies serving as the core allocation; short-term and fundamental strategies will act as complementary performance drivers.
Portfolio allocations will be adjusted dynamically in accordance with opportunities identified by the investment adviser.
RPM is a specialized investment manager focusing on CTA and Global Macro strategies. It currently advises on assets of more than $6bn. Luxembourg-based Alceda claims assets under administration of more than €4.5bn across a variety of products. Alceda focuses on providing institutional investors, asset/fund managers, banks and family offices.
Further information on the new Ucits product is available at www.rpmdirectional.lu