Aspect Capital (“Aspect”) today announces the launch of the Aspect China Diversified Programme (the “Programme”) with over $100m of external assets. The Programme applies a systematic momentum-based investment strategy and is designed to provide global institutional investors with access to Chinese financial and commodity futures.
The Aspect China Diversified Programme applies Aspect’s enhanced systematic medium-term trend following models to over 40 onshore Chinese futures markets across 6 different asset classes: agriculturals, bonds, energies, industrials, metals and stock indices. The models have been enhanced through research to exploit the idiosyncratic effects of the Chinese futures markets and seek to identify and exploit directional moves in these markets.
The Programme brings Aspect’s expertise in systematic investment to global investors who are keen to tap into the opportunities offered by Chinese markets. It capitalises on the Firm’s extensive experience in China - Aspect has been researching Chinese markets for over 10 years and has been accessing onshore Chinese futures markets in conjunction with an onshore partner since 2016 - while also leveraging Aspect’s more than 20 years’ experience in developing systematic investment strategies.
Commenting on the launch, Anthony Todd, Chief Executive Officer, said: “Aspect has invested heavily in researching Chinese markets over the past decade. We are excited to be able to leverage this research, and our 5 years’ experience in applying systematic investment models to onshore Chinese futures markets, to provide investors with this compelling opportunity to access a new, uncorrelated, diversifying return stream. With uncertainty over the sustainability of current equity market valuations, declining bond yields and the looming threat of inflation, we believe now is an interesting time for investors to consider adding exposure to Chinese financial and commodity futures markets to their portfolios.”
Domiciled in the Cayman Islands, the Aspect China Diversified Programme will be independently administered by US Bank Global Fund Services (Ireland) Limited. The Aspect China Diversified Programme offers weekly liquidity and targets an annualised volatility of 15%. The Programme aims to exploit the distinct attributes of Chinese futures markets and to provide investors with a highly diversifying, uncorrelated yet liquid investment solution.
Note: This information has been prepared for circulation to investment professionals who are or would be classified as Professional Clients or Eligible Counterparties under the UK FCA rules. There is no guarantee that any target referenced will be achieved, and the actual volatility may vary. Targets may be restated over time. Past performance is not necessarily indicative of future results