Lazard Asset Management is launching a new emerging markets quantitative fund which will trade a diversified, low volatility strategy with an ESG focus placed at the forefront of its stock-picking process.
Launches & Fundraising
Catalyst Funds, an alternative-focused fund company, has launched the Catalyst/Teza Algorithmic Allocation Income Fund (TEZIX), which utilises an algorithmic machine learning technology designed by sub-advisor Teza Investments, to invest in globally diversified multi-assets with a target risk exposure of 9 per cent to 12 per cent portfolio volatility.
Small cap equity specialist, Granahan Investment Management (GIM), has launched the Granahan US SMID Select Fund on the Granahan Funds plc platform. A seed client has invested nearly USD100-million.
ValuAnalysis has launched the ValuFocus Fund, an actively managed fund which targets returns of two to three percentage points above global equity markets.
Canadian ETF investors can now access hedge fund investment including short-selling, leverage and derivatives, via a new suite of liquid alternatives funds from CI Investments.
Stack, a provider of cryptocurrency trackers and index funds has launched an institutional grade bitcoin index fund in response to investor demand for controlled exposure to the high-yield potential of bitcoin globally.
Rational Funds has launched the Rational/Pier 88 Convertible Securities Fund (PBXIX), a converted hedge fund, which employs the same management team and investment strategy as its predecessor.
As the digital currency market matures, a new crypto hedge fund, Circle Fund, has emerged — the first to be compliant in Asia.
Lazard Asset Management Limited (LAML) has launched the Lazard Global Thematic Focus Fund, a UCITS-compliant Fund seeks to achieve long-term capital growth by investing primarily in an actively managed, diversified portfolio of 35 to 50 established companies located around the world.
Fulcrum Asset Management (Fulcrum) has launched the Fulcrum Risk Premia Fund (UCITS) with USD70 million of initial capital with a further USD1.1 billion in the strategy across a Cayman fund and separately managed accounts.