American Diversified Funds (ADF) is to launch a ‘see through’ European Union Fund (EUF) that aims to eliminate currency risk while offering principal protection and guaranteed returns. The fund is being opened to non-US based investors and institutions including corporations, pension funds, foundations, endowments and other similarly resourced investors. The fund’s operating premise is to reduce risk, reduce volatility, enhance returns, and diversify the traditional stock and bond portfolio with near zero correlation. The EUF allows clients the option to choose between Euros, Yen, Swiss Franc, British Pound, U.S. Dollar or blended denominated accounts. Registered in Bermuda, investors can benefit from an offshore domicile. The fund is administered by ADF, US-based alternative asset product provider. Seeded with proprietary funds, the EUF has returned 17.66 per cent net to date. The EUF will be launched 11/1/04.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more