CrossBorder to launch ETF-based UCITS III fund

The Pulsar Global Alpha UCITS fund, which will be domiciled in Dublin, is expected to launch at the beginning of March. It will be one of the first market-neutral ETF-based UCITS funds. The long/short vehicle will hold no individual stock positions - thereby improving liquidity and enabling the fund to offer weekly dealing, says CrossBorder. The company says it has developed a model that predicts market turning points with "remarkable accuracy" and thus identify risk and investment opportunities early. The model uses data from sources including central banks, stock exchanges, banks an...