Camomille, a UK-based investment firm has unveiled a new leveraged long/short equity fund focused on behavioural concepts.
Known as Camomille Leveraged Opportunities Fund, the new fund will focus on a diverse range of liquid listed equity indices and commodity index futures contracts using algorithmic models to capture human predictability.
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The fund has been designed to systemise the trading behaviour of humans as reflected in the equity markets and represents a leveraged, long/short version of a strategy that has been managed by the firm since 2011.
The fund will be domiciled in Cayman Islands with a Master Feeder structure.
In addition, Credit Suisse Administration Services in Ireland will serve as the fund administrator for the new strategy.
Richard Hutchings, senior managing partner and CIO at Camomille, said: "In essence, the fund only exposes itself to risk when it is statistically proven to offer highly favourable risk adjusted returns.
"We have tested our algorithms vigorously using all available historical market data and we believe we have produced a strategy that will remain consistent in its performance over time," he added.
