Credit Suisse Asset Management has launched a new liquid alternatives fund that aims to generate positive returns by exploiting trends on various markets and investment classes.
The new UCITS-compliant Luxembourg-domiciled vehicle, known as the Credit Suisse (Lux) Multi-Trend Fund, aims to generate positive returns in markets of falling and rising equity, bond, currency and commodity prices.
Go deeper with GlobalData
It will invest in highly liquid and widely available instruments including index or currency futures and observes short-, medium- and long-term trends.
The new fund is approved for distribution in Switzerland, Germany, Austria, Italy, France, the Netherlands and the UK.
Credit Suisse head of quantitative investment strategies Yung-Shin Kung said: “Trend-following strategies are an ideal portfolio component in uncertain market phases, since they generate returns regardless of market movements.
“In this context, the Credit Suisse (Lux) Multi-Trend Fund, as a daily liquid investment product with a low management fee compared to competitors, is suitable for broad investor groups.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe trend-following strategy has already been used by Credit Suisse for many years, with the bank managing about $400m invested in this strategy.
