20 Oct 2010
IDS Capital has announced that Duncan McKay has recently joined the firm as Director and is responsible for the Business Development of IDS Capital and for asset-raising for IDS Capitals family of funds, comprising IDS Umbrella Fund SICAV (Multi managers) and F&F Systematic trading Fund, the firm’s internally run CTA program.
McKay has considerable experience of hedge fund marketing and has contacts across the institutional and HNW space. He started his career as an equities trader in London in 1986, moving into trading and placing Eurobonds. Formerly the CEO of Dupre’s and Co., a Monaco based investment firm, his principal focus is on the Alternatives Investments sector and he has marketed both funds of funds and single manager funds.
Mr McKay’s arrival coincides with the launch of “F&F All in One” fund as a compartment of IDS Umbrella Fund SICAV SIF. F&F All-in-One is designed to carry an equity risk profile and encompasses a systematic approach towards reducing the risks of substantial losses during pronounced periods of negative markets. The portfolio has been running on a managed account basis since 1 November 2009 and has returned 3.61% net to 8 October 2010. The portfolio will be launched on IDS Umbrella fund SICAV platform in November as the third compartment and denominated “F&F All-in-One” due to its hybrid nature within the equity risk spectrum of portfolios.
McKay has considerable experience of hedge fund marketing and has contacts across the institutional and HNW space. He started his career as an equities trader in London in 1986, moving into trading and placing Eurobonds. Formerly the CEO of Dupre’s and Co., a Monaco based investment firm, his principal focus is on the Alternatives Investments sector and he has marketed both funds of funds and single manager funds.
Cedric van Rijckevorsel, Managing Director of IDS Capital commented “Duncan’s extensive experience in business development makes him the ideal person for successfully ensuring the expansion of IDS Capital. He combines in depth hedge fund and fund of funds marketing experience with the curiosity of learning and providing solutions to client needs. He also shares IDS Capital’s philosophy and core values”.
From McKay: “I am delighted to join IDS Capital. The firm is at an exciting point, having a proven track record in fund management and comprising a highly experienced and respected team. IDS Capital, which has to date been set up as a multi-family office is poised to present its unique and innovative range of funds to the wider investment community. I am very excited to be able to play a part in our continued success”.
Mr McKay’s arrival coincides with the launch of “F&F All in One” fund as a compartment of IDS Umbrella Fund SICAV SIF. F&F All-in-One is designed to carry an equity risk profile and encompasses a systematic approach towards reducing the risks of substantial losses during pronounced periods of negative markets. The portfolio has been running on a managed account basis since 1 November 2009 and has returned 3.61% net to 8 October 2010. The portfolio will be launched on IDS Umbrella fund SICAV platform in November as the third compartment and denominated “F&F All-in-One” due to its hybrid nature within the equity risk spectrum of portfolios.
