Investec Asset Management has launched a Luxembourg-domiciled alternative investment fund range which allows European institutional investors to a select range of alternative investment strategies.
The launch of the the Investec Global Alternative Fund 1 follows the group’s Global Strategy Fund Ucits range, which is also domiciled in Luxembourg.
The alternative investment fund range – established under the Alternative Investment Fund Managers Directive which facilitates cross-border marketing in EU Member States – is subject to Luxembourg’s Specialised Investment Fund regime.
The move by the London-headquartered group to expand its European reach comes at a time when many asset managers are rejigging their international distribution strategies as Brexit looms.
Invesco Multi-Asset Credit strategy will be the first in the range to be made available to investors and will be co-managed by Jeff Boswell, head of credit, and Garland Hansmann.
John Green, global head of client group, said: “This move underlines our commitment to providing our European clients with solutions tailored to their specific requirements – an example being investors’ dual requirements for yield enhancement and capital preservation given uncertain markets.”
