MGTS Downing Diversified Opportunities Fund
Combining systematic derivative strategies with active management to deliver predictable and consistent returns across the economic cycle.
Combining attractive yield and defensive compounding growth using traditional and alternative assets to drive risk-adjusted returns. The MGTS Downing Diversified Opportunities Fund has low correlation to traditional benchmarks and strong liquidity by design and is powered by a unique quantitative approach and risk analytics.
Note: The fund name will change from Downing to Capel subject to regulatory approval.
12 month growth performance as at 30/09/2026
+9.90%
£54.0m+
Assets under management
Managed by Chief Investment Officer, Paul Adams and Head of Multi Asset, Jonathan Gumpel
Jonathan Gumpel
Head of Multi-Asset
Paul Adams
Chief Investment Officer
MGTS Capel Active Defined Return Assets Fund
Combining systematic derivative strategies with active management to deliver predictable and consistent returns across the economic cycle.
Combining attractive yield and defensive compounding growth using traditional and alternative assets to drive risk-adjusted returns. The MGTS Capel Diversified Opportunities Fund has low correlation to traditional benchmarks and strong liquidity by design and is powered by a unique quantitative approach and risk analytics.
12 month growth performance as at 30/09/2026
+9.90%
£54.0m+
Assets under management
Managed by Chief Investment Officer, Paul Adams and Head of Multi Asset, Jonathan Gumpel
Jonathan Gumpel
Head of Multi-Asset
Paul Adams
Chief Investment Officer
MGTS Capel Active Defined Return Assets Fund
Combining systematic derivative strategies with active management to deliver predictable and consistent returns across the economic cycle.
Combining attractive yield and defensive compounding growth using traditional and alternative assets to drive risk-adjusted returns. The MGTS Capel Diversified Opportunities Fund has low correlation to traditional benchmarks and strong liquidity by design and is powered by a unique quantitative approach and risk analytics.
Note: The fund name will change from Downing to Capel subject to regulatory approval.
12 month growth performance as at 30/09/2026
+9.90%
£54.0m+
Assets under management
Managed by Chief Investment Officer, Paul Adams and Head of Multi Asset, Jonathan Gumpel
Jonathan Gumpel
Head of Multi-Asset
Paul Adams
Chief Investment Officer
Why choose Downing Diversified Opportunities Fund?
Compelling returns that optimise multi-asset portfolio metrics
The MGTS Downing Diversified Opportunities Fund is an essential building block for multi asset investors, targeting compelling risk-adjusted returns, and when held as a core allocation typically enhancing overall portfolio metrics including alpha, beta, correlation and volatility.
Genuine diversification beyond traditional markets
The fund provides true diversification from traditional equity and fixed-income benchmarks, delivering defensive, alternative return streams that help portfolios remain resilient across market cycles.
Liquid, transparent access to alternatives
We aim to deliver a defensive return stream without reliance on bond yields or large-cap equity market beta. Investors gain liquid and transparent diversification – the kind that is typically difficult to access within traditional alternative strategies.
Why choose Downing Diversified Opportunities Fund?
Compelling returns that optimise multi-asset portfolio metrics
The MGTS Downing Diversified Opportunities Fund is an essential building block for multi asset investors, targeting compelling risk-adjusted returns, and when held as a core allocation typically enhancing overall portfolio metrics including alpha, beta, correlation and volatility.
Genuine diversification beyond traditional markets
The fund provides true diversification from traditional equity and fixed-income benchmarks, delivering defensive, alternative return streams that help portfolios remain resilient across market cycles.
Liquid, transparent access to alternatives
We aim to deliver a defensive return stream without reliance on bond yields or large-cap equity market beta. Investors gain liquid and transparent diversification – the kind that is typically difficult to access within traditional alternative strategies.
Why choose Downing Diversified Opportunities Fund?
Compelling returns that optimise multi-asset portfolio metrics
The MGTS Downing Diversified Opportunities Fund is an essential building block for multi asset investors, targeting compelling risk-adjusted returns, and when held as a core allocation typically enhancing overall portfolio metrics including alpha, beta, correlation and volatility.
Genuine diversification beyond traditional markets
The fund provides true diversification from traditional equity and fixed-income benchmarks, delivering defensive, alternative return streams that help portfolios remain resilient across market cycles.
Liquid, transparent access to alternatives
We aim to deliver a defensive return stream without reliance on bond yields or large-cap equity market beta. Investors gain liquid and transparent diversification – the kind that is typically difficult to access within traditional alternative strategies.
Investment strategy
The MGTS Downing Diversified Opportunities Fund targets a defensive, diversified approach blending a top-down macro approach, with the latest quantitative analysis to drive signals and risk budgeting.
We complement this with deep qualitative insights and research, and specialist discretionary management. The strategy utilises a mix of traditional and alternative assets targeting low volatility and correlation to traditional benchmarks.
Investment strategy
The MGTS Downing Diversified Opportunities Fund targets a defensive, diversified approach blending a top-down macro approach, with the latest quantitative analysis to drive signals and risk budgeting.
We complement this with deep qualitative insights and research, and specialist discretionary management. The strategy utilises a mix of traditional and alternative assets targeting low volatility and correlation to traditional benchmarks.
Investment strategy
The MGTS Downing Diversified Opportunities Fund targets a defensive, diversified approach blending a top-down macro approach, with the latest quantitative analysis to drive signals and risk budgeting.
We complement this with deep qualitative insights and research, and specialist discretionary management. The strategy utilises a mix of traditional and alternative assets targeting low volatility and correlation to traditional benchmarks.
Key documents
It's really important that you read these key documents, paying particular attention to the risk warnings. We recommend you seek financial advice before investing.
Key documents
It's really important that you read these key documents, paying particular attention to the risk warnings. We recommend you seek financial advice before investing.
Key documents
It's really important that you read these key documents, paying particular attention to the risk warnings. We recommend you seek financial advice before investing.
“Throughout my career I’ve seen the value of blending alternative thinking with rigorous analysis, and this fund is designed to deliver that same consistency for modern portfolios.”
Jonathan Gumpel
Head of Multi-Asset
“Throughout my career I’ve seen the value of blending alternative thinking with rigorous analysis, and this fund is designed to deliver that same consistency for modern portfolios.”
Jonathan Gumpel
Head of Multi-Asset
“Throughout my career I’ve seen the value of blending alternative thinking with rigorous analysis, and this fund is designed to deliver that same consistency for modern portfolios.”
Jonathan Gumpel
Head of Multi-Asset
Your capital is at risk, and you may not get back the full amount invested. The fund names will change from Downing to Capel subject to regulatory approval.