INNOCAP adds Castlestone fund to platform

INNOCAP has added Castlestone Management’s Porcupine Global Macro Plus Fund’s strategy to its hedge fund managed account platform.

Porcupine Global Macro Plus is managed by Angus Murray and Leon Diamond. It aims to achieve consistent and attractive risk-adjusted returns regardless of the state of the global economy.

The fund takes both directional and relative value positions using futures and forwards in the G10 markets within four major asset classes: equities, fixed income, currencies and commodities. The fund returned 14.43% in 2008 and 7.12% in 2009.

Porcupine made its debut on the INNOCAP platform on February 1 2010.