Dalton Strategic Partnership has launched the Melchior Systematic Global Macro Fund within its Luxembourg UCITS umbrella.
The fund will be managed by Thomas Dionysopoulos (pictured), who joined DSP from Advenis Investment Management in 2017. Prior to this, he was Head of Quantitative Strategy and Research at HSBC and a Proprietary Capital Trader at Citigroup and Société Générale Investment Banks.
The Fund will aim to deliver a return of 7-10 per cent per annum (net of fees) over a rolling three year period, with a targeted volatility of 7 per cent. It will focus in particular on protecting the portfolio in environments of significant market dislocation.
The Fund will allocate across the majority of liquid asset classes and geographies with the aim of delivering consistent returns within its defined risk budget.
Each stage of the investment process is managed systematically by a proprietary system called Blade that has been designed by Thomas Dionysopoulos over the past nine years.
Thomas has previously deployed the Blade system with considerable success within a UCITS structure, delivering positive calendar year returns in each year from 2013 – 2017.
Dalton’s CEO, Wenceslas von Liechtenstein, says: “This is an important step in the continued development of Dalton’s alternatives product offering. Thomas is an experienced and gifted fund manager whose proprietary system and unique investment philosophy should add considerable value to our clients’ investment portfolios.”
