Stigma Partners launches its first UCITS III macro fund

28 Sep 2010
Stigma Partners has announces the launch of the Stigma Funds (LUX) – Macro Cyclical Accumulator on October 1st, 2010.

Commenting on this launch, Siamak Siassi, CEO of Stigma Partners, said “We decided to launch this new Fund to meet the growing demand for a product structured in fund format reflecting our innovative investment concept so far only available in managed accounts. This new Fund will broaden our product offering further while allowing a wider base of investors to benefit from our expertise.”

The Fund is UCITS III compliant and aims to provide attractive, positive and consistent absolute return in all markets conditions with a strong focus on limiting downside risk.

The Fund will be managed following an absolute-return approach with an objective of Libor + 4% to 8% p.a. over a full business cycle with a reduced volatility. It is global in scope, and invests across all asset classes.

The Fund is registered for public distribution in Luxembourg. Until the planned Swiss registration comes into effect in Switzerland, only qualified investors may invest into the Fund.

The Fund Manager, Costas Verriopoulos, has more than 20 years experience in global markets in particular, extensive proprietary arbitrage trading in fixed income, volatility trading, FX forwards, money market, interest rate derivatives trading, as well as portfolio management. He is backed by an in-house research team.