Aquila Capital has decided to evolve the investment process of its long-only multi-asset investment strategy by taking into account the latest developments in quantitative finance and artificial intelligence.
To reflect these developments, the AC Risk Parity Fund has been renamed as the AC – Adaptive Diversification Fund (the ‘Fund’). The investment process includes an advanced range of indicators to measure market attractiveness, aiming to deliver stable returns largely independent of market cycles.
The Fund offers a dynamic approach to balancing risk, responding fast to increasingly challenging financial markets. It uses sophisticated quantitative techniques to continuously adjust exposure to a global range of liquid futures markets, investing in equity indices, bonds, interest rates and commodities. It is long-only and adjusts asset weightings according to their attractiveness, amongst others, in terms of ‘carry’ and ‘momentum’ indicators.
The Fund is based on the strategies developed by Aquila Capital’s Systematic Trading Group, which was launched in January 2017 and whose members have more than 30 years of combined experience in managing systematic multi-asset managed futures and equity strategies with assets under management in excess of USD 2.5bn. The team oversees Aquila Capital’s quantitative strategies and includes Urs Schubiger, Fabian Dori and Egon Ruetsche, PhD, who are all Quantitative Strategists. They have previously worked together for several years and share an outstanding track record, having managed a highly successful venture in developing and implementing quantitative investment strategies.
Urs Schubiger, Member of the Systematic Trading Group, Aquila Capital, commented: “The AC – Adaptive Diversification Fund is a leading model for the next generation of dynamic multi-asset long-only funds by adaptively harvesting the time varying risk premia.”
Manfred Schraepler, Head Financial Assets and Liquid Private Markets, Aquila Capital, said: “Our investors have always asked us for state of the art multi-asset investment strategies that seek opportunities with an adaptive approach, albeit with the potential to show resilience in turbulent market phases.”
The AC – Adaptive Diversification 12 Fund EUR A has been managed using the new investment process since the beginning of the year and has delivered top-quartile1 total returns.
The Aquila Group has been providing investors with alternative investment solutions since 2001.
The document is for informational purposes only. It is not a sales prospectus and does not constitute an offer for purchase or a solicitation of an offer to purchase the product described and may not be used for the purpose of an offer or a solicitation of an offer for purchase. Forward-looking statements and information are based on assumptions. Since any and all assumptions, predictions and information are based solely on the issuer’s current opinion of future events, they contain, by their nature, risks and uncertainties. Information on historical performance cannot be understood as a warranty or guarantee of future performance. Investors should be aware that actual performance may deviate significantly from past results. If, in particular, the performance results are based on a period of less than twelve months (information on year-to-date performance, funds launched less than twelve months ago), the short reference period prevents this information from being an indicator of future results. The sales documents on this product shall provide the sole basis for the purchase of units (the current sales prospectus, the current management regulations/the current articles of association, the key investor information, the current annual report and, where this is older than eight months, the current semi-annual report). The products described are investments that are associated with a variety of risks. Their realisation may lead to the total loss of the capital invested. Units in the described product may neither be sold in the United States nor to a US person or for a US person’s benefit. The official name is: AC with its sub funds AC ‒ Adaptive Diversification 7 Fund and AC ‒ Adaptive Diversification 12 Fund is a Luxembourg investment fund (fonds commun de placement”, “FCP”) pursuant to part I of the act dated 17 December 2010 on undertakings for collecti ve investment (“2010 Act”), launched as an “undertaking for collective investments in transferable securities” (UCITS) and is regulated by the Commission de Surveillance du Secteur Financier (“CSSF”). The fund is managed by Alceda Fund Management S.A., a management company regulated by the CSSF under Chapter 15 of the 2010 Act. The sale documents are available at www.alceda.lu and may be requested free of charge from the management company Alceda Fund Management S.A., 5, Heienhaff, 1736 Senningerberg, Luxembourg, in paper form in German. The information centre in Germany is Aquila Capital Concepts GmbH, Valentinskamp 70, 20355 Hamburg, Germany. Investors in Switzerland may contact the Swiss representative, ACOLIN Fund Services AG, Affolternstrasse 56, 8050 Zurich, Switzerland, www.acolin.ch, or the paying agent in Switzerland, Frankfurter Bankgesellschaft (Schweiz ) AG, Börsenstrasse 16, Postfach, 8022 Zurich, Switzerland. The information centre and paying agent in Austria is Erste Bank der oesterreichischen Sparkassen AG, Graben 21, 1010 Vienna, Austria. The terms Aquila and Aquila Capital comprise companies for alternative and real asset investments as well as sales, fund management and service companies of the Aquila Group. The respective responsible legal entities of the Aquila Group that offer products or services are named in the corresponding agreements, sales documents or other product information. A publication of Aquila Capital Concepts GmbH, which is appointed by Alceda Fund Management S.A. as distributor. As at 31.10.2017.
About Aquila Capital
Established in 2001, Aquila Capital is committed to provide institutional investors worldwide with alternative investment solutions in real assets, financial and private markets. Applying a multi-disciplinary investment approach, Aquila Capital’s range of alternative investments is managed by dedicated specialists in their respective asset classes and underpinned by an infrastructure that combines strong operations, stringent corporate governance and a successful track record. Aquila Capital has been dedicated to develop alternative investment solutions since its establishment. Over 200 professionals across eight offices globally are working across the whole value chain of alternative investments to generate stable, positive returns for investors.