Two Trees Global Macro Fund

Systematic global macro investment management firm Two Trees has launched the Two Trees Global Macro Fund (the Fund), effective 1 November 2017.

The Fund targets retail and wholesale investors and aims to produce positive returns in all market conditions, with low correlations to traditional asset classes such as equities and government bonds.

According to Two Trees, the Fund will take long and short positions, primarily through futures and forwards, in global equity indices, bond, currency, commodity, and volatility markets. The portfolio allocation will be a function of return and risk forecasts, and will be produced systematically through a proprietary portfolio construction process.

Commenting on the launch, Two Trees said: "The market price of any financial asset reflects the markets' expectations of both future cash flow payments to the owner and expected returns. High current prices indicate an expectation of large future cash flows, low future returns, or a combination of both. Two Trees specialises in using quantitative techniques to distinguish between these two determinants of price to produce a forecast for the asset's expected returns."

The responsible entity for the Fund is Pinnacle Fund Services Limited.