03 Jul 2017 Tages Capital Launches Tages Rotella Alternative UCITS Fund
Tages Capital announced the launch of the Tages Rotella UCITS Fund in partnership with Chicago & Bellevue based Rotella Capital Management . This will be the fourth sub-fund of Tages International Funds SICAV, a UCITS-compliant umbrella fund structure domiciled in Luxembourg and regulated by the CSSF.
Rotella, established by Robert Rotella in 1995, specializes in systematic managed futures programs. The Rotella Polaris Program has been managed since 1991, with the objective of producing consistent absolute returns, minimising monthly drawdowns, and maintaining relatively low volatility. The Tages Rotella UCITS Fund, leveraging the Rotella Polaris Program, is launching with a minimum of €25 million of institutional capital.
Tages Capital is a leading alternative asset management business with approximately US$2.3 billion in assets under management and offers an Alternative UCITS platform for 3rd party managers.