18 Jan 2011
Aquila Capital’s flagship absolute return fund, the AC - Risk Parity Fund starts the year by passing the $1 billion mark.
Formerly the AC Statistical Value Market Neutral Fund , the fund has been renamed the AC - Risk Parity Fund to reflect the unique way the risk is allocated across different asset classes. The change is a change in name only, and will neither affect the fund's stated investment objective nor its management policies.
Ranking amongst the top of its market neutral peer group, it is one of the first “Newcits” funds to grow above $1 billion. The ranking is based on its 1-year performance against other funds in the same sector.
The fund originally existed in an offshore format and was first launched in 2004. In 2008, it launched as one of the first UCITS III absolute return funds with daily pricing and liquidity.
Formerly the AC Statistical Value Market Neutral Fund , the fund has been renamed the AC - Risk Parity Fund to reflect the unique way the risk is allocated across different asset classes. The change is a change in name only, and will neither affect the fund's stated investment objective nor its management policies.
Ranking amongst the top of its market neutral peer group, it is one of the first “Newcits” funds to grow above $1 billion. The ranking is based on its 1-year performance against other funds in the same sector.
Roman Rosslenbroich, founder and CEO of Aquila Capital said: “The Fund has tirelessly delivered excellent returns, keeping us at the top of the pile of its peer group. To reach the $1 billion mark is quite an achievement. We expect this success to continue and in February the UCITS-III version of the Fund will reach a three-year strong record. The Fund has a unique and successful investment approach and the new name we have chosen reflects this.”
The fund originally existed in an offshore format and was first launched in 2004. In 2008, it launched as one of the first UCITS III absolute return funds with daily pricing and liquidity.
