Estlander & Rönnlund, Global Markets Fund - August 2005

Finland’s Estlander & Rönnlund has run its Global Markets fund with considerable success, benefiting from trading volatility over a lengthy, 14- year period. Investors have made an annualised geometric return of 10.55% to January 1995, and, equally importantly, made this with a very low correlation to equity indices such as the S&P 500 equity index.

Since launching the Global Markets fund in 1991, Estlander & Ronnlund has also added a global volatility product and global equity arbitrage portfol