Noviscient launches first fund-in-a-box with Anar Capital
Singapore-based Anar Capital has launched its Anar Capital Fund in partnership with Noviscient. It is the first FundBox solution by Noviscient. With its FundBox business, Noviscient operates a fund vehicle under a Variable Capital Company (VCC) structure regulated by the Monetary Authority of Singapore. The FundBox solution supports the growth of the next generation of boutique fund managers by reducing manager setup and operating costs while significantly speeding up manager onboarding and time-to-market. Noviscient executes trading signals for the Anar Capital Fund with full operational support while offering real-time risk control and visualization to give investors detailed risk and performance information. Anar Capital specialises in the use of reinforcement learning (artificial intelligence) to predict and optimise trading. The fund’s medium-frequency strategy trades highly liquid and publicly listed global stocks, FX, options and futures, with holding periods ranging from a few hours to a few months.