Newedge hired as swap counterparty to EEA fund 15 October 2012London Reporter: Jenna Jones
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Newedge has been appointed as swap counterparty to the EEA Diversified Trends fund.
The fund, managed by EEA Fund Management, is Irish-domiciled and has been authorised as UCITS compliant.
Andrew Dollery, Origination & Structuring for UCITS funds at Newedge said: “Newedge is a pioneer in offering innovative UCITS compliant services for clients who are looking to diversify their product range and investor base.”
“Working with leading fund managers such as EEA is further validation that regulated onshore investment products are increasingly important to the alternative investment community.”
Darran Goodwin, portfolio manager at EEA Fund Management added: "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. We believe the product can add important diversification benefits to many traditional investor portfolios.”
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