Aspect Capital, a London-based systematic hedge fund and CTA pioneer with $8.8 billion in assets under management, has launched its Aspect Core UCITS Fund.

This ‘trend-following’ fund includes investment in commodity markets within the Ucits funds regulatory regime.

The new fund is a version of the Aspect Core Diversified Programme, a medium-term quantitative trend-following strategy, that seeks to generate alpha from the capture of medium-term trend opportunities across over 100 highly liquid financial and commodity markets.

The fund has already raised $40 million of pre-launch capital from external inves...