16 May 2025
RBS International supports Signal Capital's new fund with bespoke FX solution
RBS International has successfully delivered a fast and flexible foreign exchange facility to support the FX risk management of Signal Capital’s latest fund, Signal Alpha III — a credit special situations fund from the €3.8 billion European asset manager.
Tailored specifically for the fund’s Jersey domicile, the FX solution leverages RBS International’s offshore capabilities, while streamlining processes typically associated with EU regulation. This strategic positioning enabled Signal Capital to seamlessly transition 100% of their FX hedging from its incumbent FX broker, simplifying execution, reducing regulatory complexity, and unlocking significant cost efficiencies. By trading directly with RBS International, Signal Capital also avoided settlement processing — eliminating the risk and cost of late settlements while capturing both debit and credit with simultaneous (delivery versus payment) settlement on the value date.
With a multi-currency FX credit line now in place, Signal Capital benefits from enhanced agility in managing cross-border exposures, faster access to liquidity, and a streamlined operational setup.
Neil Winstanley, Head of Markets at RBS International, commented:
“It was a pleasure to work with Signal Capital to deliver a tailored solution that meets their diverse FX requirements while maintaining competitive pricing and functionality. Having supported their fund banking needs for many years, we’re proud to now extend our FX expertise to deepen this valued partnership. We remain committed to supporting their evolving needs.”
Finance is subject to status. Security may be required. Product fees may apply.
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