Liquid Alternatives: Ninepoint Launches A Liquid Alternative Bond Fund

May 7, 2021 | Liquid Alternatives, News
https://dailyalts.com/wp-content/uploads/2021/05/1611770952966-NinePoint-scaled.jpg

The Ninepoint Alternative Credit Opportunities Fund is a new liquid alternative fund with a flexible fixed-income strategy.

Canadian alternative asset manager Ninepoint Partners LP announced Thursday the launch of the Ninepoint Alternative Credit Opportunities Fund, a new liquid alternative mutual fund that will invest in Canadian, U.S., and international fixed income securities for short-term and long-term gains. (Intrado Globe Newswire)

Ninepoint Alternative Credit Opportunities Fund

The main features of the mutual fund are as follows:

  • Flexible fixed income strategy
  • Use of leverage via derivatives
  • Borrow cash, if required
  • Sell short, if required
  • Use of hybrid securities including preferred shares, convertible bonds, structured notes
  • Employ trading strategies such as interest carry, active trading, yield curve, sector positioning
  • Risk management through the use of various hedging tools

“We are thrilled to be launching a differentiated fixed income alternative that employs more trading strategies and has increased flexibility in asset selection, within the parameters of the liquid alternative class,” says James Fox, CO-CEO and Managing Partner, Ninepoint Partners.

A unique bond fund

“The goal for our Fund is to be a fixed income alternative that fully utilizes all the strategies and assets available to us. This isn’t a fund that’s just using leverage on investment-grade credit to generate yield,” added Mark Wisniewski, Partner and Senior Portfolio Manager, Ninepoint Partners. “Liquid alternatives will be a game-changer for fixed income. Investors will have access to a unique bond fund that can potentially deliver higher returns with much less correlation to the bond market, resulting in less volatility.”

The fund will open for purchases on May 10, 2021.

Related Story:  Optimizing the 60/40 Portfolio Through Varying Market Conditions with Liquid Alts

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2022/01/Bink-app-shot.png
FinTech: Lloyds To Acquire Stake In Loyalty App Bink
January 4, 2022     FinTech, News

Lloyds Banking Group (LON: LLOY), Britain’s biggest mortgage provider, will acquire a minority stake in loyalty app Bink, according to a report by Sky News for an undisclosed amount that…

https://dailyalts.com/wp-content/uploads/2022/01/Screenshot-2022-01-04-at-22-29-49-Screenshot-Pawson-2.png
Digital Assets: Coinbase CEO Armstrong Said To Have Splurged $133M On Home In LA
January 4, 2022     Digital Assets, News, Real Estate

An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN)…

https://dailyalts.com/wp-content/uploads/2022/01/47752022922_e4569a2f0e_c.jpg
Alternative Investments/ESG: VegTech Invest Launches Plant-Based Innovation & Climate ETF

VegTech Invest advisory has launched the VegTech Plant-based Innovation & Climate ETF (Ticker: EATV), its first financial product. The ETF offers exposure to publicly traded companies actively innovating with plants…

https://dailyalts.com/wp-content/uploads/2022/01/Screenshot-2022-01-04-at-18-48-26-超·世界.png
Venture Capital: Chinese AI Startup Parametrix Raises $100M, Turns Unicorn
January 4, 2022     Artificial Intelligence, News, Venture Capital

Chinese AI company Parametrix.ai has raised $100 million in a Series B round led by Sequoia China and joined by existing investors 5Y Capital and Gaorong Capital. Though the valuation…