Coeli has launched its second programme on dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies.
Coeli Spektrum manages USD110m with an annualised return over the last 36 months of 13.6 per cent net of fees.
The launch of the Spektrum programme on dbSelect allows investors to gain access to a systematic CTA managed future programme with fully proprietary models creating low correlation to peers in the CTA space.
The programme can be characterised as medium term with an average trade length of approximately three weeks. The programme uses proprietary pattern recognition trend following models designed to capture longer term trends in fixed income, FX and commodity futures markets. The programme also uses a proprietary contrarian model that solely transacts in the equity index market in order to capture short-term counter trend moves.
Hans Jacob Feder, global head of dbSelect at Deutsche Bank, says: “We are delighted to have the Coeli Spektrum programme available through the dbSelect platform. We look forward to building a strong and successful partnership with Coeli as we bring this innovative strategy to investors.”
Coeli is an independent Swedish asset management company that offers managed funds in alternative asset classes. Founded in 1994, the organisation provides tailored services to entrepreneurs and institutional clients, including asset management, private banking and private equity. In addition to the Spektrum programme, Coeli offers investors access to the Nordic power market through dbSelect via the Coeli Power Surge Program.
Ingemar Bergdahl, managing partner and portfolio manager at Coeli Spektrum, says: “We are pleased to be part of Deutsche Bank’s established dbSelect platform. We have a strong track record, especially over the last three years which has been a difficult period for many trend followers. We are 100 per cent model based and use only our own proprietary research in our models, and no standard indicators. There are many ways to be a successful trend follower, and we have established our own unique way to successfully navigate the markets.”