Focus Investment Group has launched its first multi-manager product investing in underlying funds specialising in CTA and macro strategies.
Focus Investment Group is better known as a bottom-up analysis asset manager focusing on single manager funds using the long/short equities, merger arbitrage and distressed securities strategies.
Brian Briskin, Focus' director of portfolio research, said the new fund would 'offset more specialised portfolios through negative correlation and further diversification of risk factors.'
The portfolio will initially hold eight managers, which will grow to 12 to 15 in time. The portfolio will be split about two thirds in CTA funds and one third in macro.
Eugenio Verzili, Focus Investment Group's investment director, said the trend for 2003 would likely involve commodity-based strategies. The product will be available to European investors and will be domiciled in Bermuda with a minimum investment of either E100,000 or $100,000.
The week on Risk.net, September 8-14, 2018Receive this by email