Home Breadcrumb caret Industry News Breadcrumb caret Industry Ninepoint Partners launches its first liquid alt The fund invests in foreign exchange futures using a long/short strategy By Staff | April 9, 2020 | Last updated on April 9, 2020 1 min read Toronto-based Ninepoint Partners LP introduced its first liquid alternative mutual fund on Wednesday. The Ninepoint FX Strategy Fund aims to generate long-term total returns by investing globally in foreign exchange futures on a long/short basis, the firm said in a release. The fund may also provide exposure to gold through investment in future contracts. “The global impact of Covid-19 has drastically impacted the markets,” said James Fox, co-CEO and managing partner at Ninepoint, in the release. “Historically, this FX strategy has had low correlation to public equities or fixed income markets.” The fund is sub-advised by Boston-based P/E Global LLC. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo