The Global Equity Strategies Fund has seed investment of US$31m and is managed by a team of portfolio managers formerly from Citigroup and Goldman Sachs.
The fund uses various strategies with the aim of reducing volatility. These include what Javelin calls Fundamental, Systematic and Tactical, each developed by the firm using proprietary investment models.
Javelin, which was established this year, said it would assess which of these strategies was most appropriate for different regions and investment sectors and noted each should be uncorrelated or negatively correlated, explaining their combination in one fund should result in lower volatility and risk.
Victor Pina, Javelin chief investment officer, said: “The investment style will focus on what works, where and when. Broadly speaking, in sectors and regions that tend to revert to the mean, such as developed Europe, the Systematic strategy will deliver the best results.
“In other regions that include selected Emerging Markets, market movements are highly volatile. To capture the upside opportunity whilst avoiding the pitfalls of these markets, we will look to apply our Tactical strategies.
“Sectors and regions are constantly evolving as dynamics shift, and it is here that we believe thorough screening and in-depth research allow us to anticipate changes, and thus we will deploy our Fundamental strategy here.”
Fund facts
Javelin Capital Global Equity Strategies Fund
Investment Objective: For investors seeking absolute returns through capital appreciation, achieved by investment in equity securities across the world.
Net Assets: US$31 million
Currency Share Classes: USD, EUR, GBP
Domicile: Dublin, Ireland
Structure: Qualifying Investor Fund (QIF)
Portfolio Managers: Victor Pina, Steven Asprey, Stephanie Niven
Fees: management fee 1.5%; performance fee 20%
Minimum investment: EUR 250,000 or equivalent
