DMS Management (Ireland) Limited, one of the hedge fund industry’s largest fund governance firms, has been appointed as director to the Monsoon Asia Pacific Systematic Fund (MAPS), a DPARA_BREAK_SENTINEL_9f8e7d6c

DMS Management (Ireland) Limited, one of the hedge fund industry’s largest fund governance firms, has been appointed as director to the Monsoon Asia Pacific Systematic Fund (MAPS), a Dublin-domiciled Ucits. The fund is actually one of the first to be authorised in Ireland under UCITS IV. It uses a systematic approach to trading managed futures focusing on the most liquid equity indices in a number of Asia Pacific markets. These include: Hong Kong, China, Taiwan, Japan, Australia and Singapore. Prior to launching last month, Monsoon Capital LLC had been trading with its own money. Between November 2010 and August this year MAPS generated a net return of 51.5 per cent and exhibited a low monthly correlation of just 0.08 per cent to the MSCI Asia Pacific Index.