Antarctica Asset Management has added Ireland-domiciled Antarctica Global Macro Fund to its range of funds of hedge funds (FoHFs), Hedge Funds Review reports. The portfolio, which was created at the request of a large institutional investor and a Swiss private bank, aims to capture returns from global economic imbalances.
The FoHF will soft close at $200 million and offer share classes in euro, sterling, U.S. dollar, Swiss franc and Norwegian kroner. Citco will be the fund’s custodian and its allocation will be weighted among a mix of 15-20 managers across asset classes using a range of strategies, including FX, commodity trading advisors, fixed income and commodities.
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