Newedge has been appointed as exclusive swap counterparty to the EEA Diversified Trends fund, an Irish-domiciled UCITS fund managed by EEA Fund Management Limited.
We are very excited about launching the EEA Diversified Trends fund in cooperation with Newedge and being able to offer this strategy to our investor base in a UCITS compliant format, says Darran Goodwin, portfolio manager at EEA Fund Management. We believe the product can add important diversification benefits to many traditional investor portfolios.
Acting as a swap counterparty is one of the services offered by Newedge, which provides synthetic prime brokerage and clearing solutions for regulated investment products, such as UCITS funds.
Newedge is a pioneer in offering innovative UCITS compliant services for clients who are looking to diversify their product range and investor base, says Andrew Dollery, Origination & Structuring for UCITS funds at Newedge. Working with leading fund managers such as EEA is further validation that regulated onshore investment products are increasingly important to the alternative investment community.
(CG)