Newedge appointed swap counterparty by Aspect Capital on new UCITS launch

Press Release
London, January 25th, 2011 - Newedge, a global leader in multi-asset brokerage and clearing, announces its appointment by Aspect Capital Limited, as swap counterparty to the Aspect Diversified Trends Fund, a Dublin domiciled UCITs-compliant fund with daily liquidity.

Newedge Group's UCITS III servicing capability offers comprehensive solutions to fund managers looking to launch regulated products such as UCITS-compliant investment funds. Funds using the Newedge service offering are able to use total return swaps (TRS) to create a synthetic exposure to a financial index, catering specifically for the needs of liquid systematic CTA & Global Macro investment strategies. This is in addition to the extensive synthetic prime brokerage services already offered by Newedge to UCITS fund structures in the equity long-short space.

By using an open-architecture approach to working with other service providers, including administrators and custodians, Newedge provides its clients with the maximum flexibility to structure products to suit their business model.

Andrew Dollery, Origination & Structuring for UCITS Funds at Newedge said, “The functionality of the Newedge UCITS III service offering is a significant advantage in providing innovation and value added services to fund managers who are looking to diversify their product range and investor base. Working with leading fund managers specialized in alternative investment strategies such as Aspect Capital Management is further validation that our strategy is adding value to managers seeking to offer UCITS investment solutions.”


About Newedge Group

Newedge, a 50/50 joint venture between Société Générale and Crédit Agricole CIB, is a major force in global multi-asset brokerage business and amongst the world leaders in the execution and clearing of listed derivative products. With a presence in more than 20 locations in 17 countries, Newedge offers a full range of clearing and execution services covering options and futures contracts for financial products and commodities, as well as for money market instruments, bonds, FX, equities, and commodities on OTC markets. Newedge provides a range of value added services, including prime brokerage, asset financing, an electronic platform for trading and order routing, cross margining, and the centralized reporting of client portfolios. Newedge, which primarily serves institutional clients, provides access to more than 85 exchanges. Newedge’s 2,800+ employees form a close-knit, multinational team that can innovatively respond to its clients in fast-moving markets. For more information, visit www.newedge.com (012511N02)