Deuterium Capital Management, a US based asset manager with more than $1 billion in AUM, is launching a UCITs, daily-dealing, long/short fund using the same models and algorithms as its top decile-performing Global Dynamic Allocation fund.
Deuterium Capital Management (DCM), a US based asset manager with more than $1 billion in AUM, is launching a UCITs, daily-dealing, long/short fund using the same models and algorithms as its top decile-performing Global Dynamic Allocation fund.
DCM has been running a simulation of a long/short fund alongside the long-only Global Dynamic Allocation fund since 2013, illustrating a USD cumulative net return of 163% and an annualised return of 11%, comfortably outperforming major hedge fund and equity price indices.
The Global Dynamic Allocation Long/Short (GDALS) fund will trade four unique portfolios. These portfolios utilise the same drivers as the long-only fund, making use of the same macroeconomic inputs and scoring systems with both long and short implementations – global equity futures, US equity sectors, USD vs major currency and major sovereign bond futures.
The investment objective of the fund is to generate positive returns in all market conditions over a rolling three-year period by investing in equities, debt, currencies, commodities, property and cash using a global, long-term and dynamic asset allocation model that is adjusted from time to time by short-term tactical asset allocation shifts in anticipation of changing market, fiscal and political conditions.
The fund has been seeded with $25m.
Lead Fund Manager and Head of Global Asset Allocation, John Ricciardi, has decades experience delivering outperformance in dynamic allocation investing.
