Newedge has been appointment by Aspect Capital as swap counterparty to the Aspect Diversified Trends Fund, a Dublin domiciled UCITs-compliant fund with daily liquidity.
Newedge Group’s UCITS III servicing capability offers comprehensive solutions to fund managers looking to launch regulated products such as UCITS-compliant investment funds. Funds using the Newedge service offering are able to use total return swaps (TRS) to create a synthetic exposure to a financial index, catering specifically for the needs of liquid systematic CTA & Global Macro investment strategies. This is in addition to the extensive synthetic prime brokerage services already offered by Newedge to UCITS fund structures in the equity long-short space.
By using an open-architecture approach to working with other service providers, including administrators and custodians, Newedge provides its clients with the maximum flexibility to structure products to suit their business model.
Andrew Dollery, Origination & Structuring for UCITS Funds at Newedge says: “The functionality of the Newedge UCITS III service offering is a significant advantage in providing innovation and value added services to fund managers who are looking to diversify their product range and investor base. Working with leading fund managers specialised in alternative investment strategies such as Aspect Capital Management is further validation that our strategy is adding value to managers seeking to offer UCITS investment solutions.”
