Aquila Capital has renamed AC risk parity fund as the AC – adaptive diversification 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 and with assets under management in excess of $2.5bn.
The fund is managed by Urs Schubiger, Fabian Dori and Egon Ruetsche, who are all quantitative strategists and portfolio managers.
AC – adaptive diversification fund 12 EUR A, has been managed using the new investment process since the beginning of the year and has delivered top-quartile total returns.