Following three completed investments since mid-2012, NewAlpha Asset Management has announced the fourth incubation partnership between the French managers-only seeding fund Émergence and Rcube Asset Management.
Émergence has provided EUR30m of funding for Rcube’s Global Macro UCITS Fund, which is aimed at French and international institutional investors.
Approved by the Commission de Surveillance du Secteur Financier (CSSF), the Rcube Global Macro UCITS fund implements a global macro investment strategy across all asset classes (excluding commodities), using only the most liquid instruments.
The investment process is built on a framework of macroeconomic models and discretionary analysis. The quantitative part aims at identifying the factors influencing asset prices and returns. The investment decisions are then taken on a discretionary basis.
Founded as a consulting firm advising on global investment strategies by Cyril Castelli, Paul Buigues and Stéphane Alloiteau in 2010, Rcube has a broad clientele that includes North American and European investors.
Rcube Global Macro UCITS is launching on the market a few months after the implementation of the same strategy in an offshore wrapper for international investors.