UK - Standard Asset Management has launched a new hedge fund through the amalgamation of two smaller hedge funds, also managed by the firm.
The Strategic Bond Fund allows managers to build and capitalise on their experience in the industry, Standard said.
The portfolio will tactically invest in both the firm’s specialist asset classes and apply leverage. Fund positions are expected to include, but are not limited to, bonds in local currencies, global financials, long/shorts, corporate emerging market and high yield instruments.
The new fund is domiciled in the Bahamas.
Commenting on the launch, John Cleary, CIO, said: “The Strategic Bond Fund will allow us to fully exploit our experience in these markets. It is a niche offering backed by our existing risk framework structure, which has a strong emphasis on capital preservation.
“We expect this fund to be a flagship for our absolute return investment philosophy.”
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