CFM fund added to Macquarie and BT Wrap
Capital Fund Management has announced its CFM Institutional Systematic Diversified Trust (CFM ISDiversified) has been added to the Macquarie and BT Wrap platforms.
CFM head of Asia-Pacific, Steve Shepherd said advisers and investors were increasingly embracing diversified alternative beta strategies as part of their portfolio.
He said alternative beta strategies sought to identify and exploit alternative betas or risk premiums, via a rules-based quantitative approach.
“These kinds of strategies have historically been associated with hedge funds – which aim to product ‘absolute returns’, in other words, to perform in a wide range of market conditions,” Shepherd said.
“Hegde fund managers employ a wide range of investment strategies not always available to other investors – and these ‘alternative’ strategies produce a return profile which seeks to be un-correlated to traditional asset classes.”
The CFM ISDiversified Trust combined alternative beta strategies to provide some of the benefits of traditional hedge funds but at a lower cost and more liquid format.
The firm said it applied academic techniques to its investment strategies and have looked at opportunities on offer from shifts in data proliferation globally. The alpha and alternative beta strategies include trading liquid financial instruments across global markets, including futures, equities, bonds, options, and spot and forward foreign exchange.
Recommended for you
As ASIC chair Joe Longo pushes firms to prepare for the upcoming mandatory climate disclosure regime, what skills are necessary if firms are looking to expand their ESG teams?
First Sentier Investors has announced it will close four of its Australian investment teams amid a simplification of the business, with $14 billion expected to be returned to investors.
Over 90 finalists have been chosen to compete at the 36th annual Fund Manager of the Year Awards, to be held in Sydney on 13 June.
Clients may be asking their adviser whether there is still value in the US technology names after their rally, but Fidelity International’s Lukasz de Pourbaix believes they can still offer upside.
