Newcomer Vicenda Asset Management unveils multi-asset fund

multi asset2Swiss wealth-management experts Felix and Roman Zulauf and Universal-Investment in Germany have launched a multi-asset fund through their new investment boutique Vicenda Asset Management. The Vicenda Multi Asset Opportunities Fund applies a global macro strategy for hedge funds to a Ucits fund investing in global stock, currency, interest-rate markets and commodity markets. "For 30 years, bonds have served as a stable anchor in investor portfolios," says Felix Zulauf, co-chief investment officer. "These times are long gone." The new fund is neither subject to investment quota nor does it track a benchmark. Established early last year by five investment professionals, Vicenda Asset Management pursues a discretionary top-down approach, which it says leverages the interplay between fundamental global macro analysis and market timing. Vicenda Asset Management specialises in alternative investments and is headquartered in Zug, Switzerland. Universal-Investment is an independent investment company headquartered in Frankfurt am Main, Germany, and has €217 billion of assets under administration. ©2014 funds europe

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