Almost 60% of the underlying allocations in Aberdeen's Orbita Capital Return fund of hedge funds (FoHF) is to relative value.
The reason for this is closely tied to the fund's mandate to generate returns regardless of market movements and without significant beta exposure to the equity or bond markets.
Manager selection is driven by a combination of bottom-up and top-down analysis. The investment team uses Aberdeen's proprietary indicators to gauge what is happening across markets, looking in pa
The week on Risk.net, September 8-14, 2018Receive this by email