Targeting an absolute return, the Luxembourg-domiciled fund is Ucits III compliant and will be managed taking a global macroeconomic approach, with capital preservation and wealth accumulation its two key targets. Stigma said it hopes to generate returns of between Libor +4% and Libor +8% over a full business cycle and will invest in all asset classes.
It will be managed by Costas Verriopoulos who has over 20 years experience in global markets, in particular in propriety arbitrage trading in fixed income, volatility trading, FX forwards, money market, interest rate derivative trading and portfolio management. He will be supported by an in-house team.
“We decided to launch this new fund to meet the growing demand for a product structured in fund format reflecting our innovative investment concept so far only available in managed accounts,” said Stigma Partners CEO Siamak Siassi. “This new Fund will broaden our product offering further while allowing a wider base of investors to benefit from our expertise.”