Abante Asesores, a boutique investment house with offices in Madrid, Barcelona and Valladolid is preparing to launch a PARA_BREAK_SENTINEL_9f8e7d6c

Abante Asesores, a boutique investment house with offices in Madrid, Barcelona and Valladolid is preparing to launch a UCITS III-compliant absolute return fund reported Citywire Global this week. The Maral Macro FI fund will employ a global macro mandate and will be managed by Juan Manuel Mazo who recently joined the firm from Valorica at the start of May. The newcits will invest in credit, equity, commodity markets and interest rates thanks to the flexibility of following a global macro strategy: a good idea given the tumultuous market conditions right now with the Greek debt crisis fast becoming a tragedy and concerns over the spluttering global economic recovery. Maral Macro FI is due to commence trading June 30 and will follow the same strategy Mazo used to run the Valorica Macro fund, which apparently returned 12 per cent over a 24-month period. Abante follows in the footsteps of Santander AM and Allfunds Alternatives who launched their own alternative UCITS funds last July.