08/02/2012 Author: Elana Margulies

Blue Capital set to target new investors for flagship

Blue Capital, a Switzerland-based investment manager, is set to begin marketing its flagship managed futures strategy to outside investors, four years after its initial debut in December 2007.

The Alphea-Systematic Trading Fund will target high-net-worth individuals, family offices and smaller funds of hedge funds in the US and Europe, outside Italy, to achieve a soft close of €300m ($394m), said fund director Patrick Fietje.

The firm has decided to market the fund to outside investors four years after its launch in order to demonstrate that it could generate sustained positive returns amid the current market volatility.

“Our view is that the current market uncertainty we are facing on the back of European debt problems and global growth concerns has created an environment where market volatility continues to be in abundance,” he said.

The $30m fund’s trend-following algorithm uses hourly and daily signals to trigger trades. It returned 8.32% last year and has generated a 16.12% a rolling annual average from its December 2007 inception to December 2011.

Blue Capital was founded by Daniele Scribano and Igor Rebesco. The fund has a €100,000 ($131,400) investment minimum, 2/20 fees, no lock-up, and monthly liquidity.