Trium Capital has launched a multi-strategy alternatives UCITS fund.
The Trium Multi-Strategy UCITS Fund will allocate capital across 10 different alternative strategies, including capital structure arbitrage, equity long/short, systematic equity, event driven and global macro.
The fund will be led by head of multi-strategy solutions Clark Fenton alongside the wider multi-strategy team. He said the multi-strategy structure would allow the team to run alpha-generating strategies that would be “uneconomical on a standalone basis”.
The overall fund aims to be highly uncorrelated to major asset classes, while the strategies within the fund are also uncorrelated to each other. It aims for annual returns of cash plus 3-5% over a market cycle, with expected annual volatility between 5-7%.
“The launch of this multi-strategy fund will enable more investors to access the expertise of our portfolio managers in a single proposition with all the advantages of the UCITS structure,” said Fenton.
“This fund will bring a diversified package of alpha streams together in a highly uncorrelated all-weather fund, and with so few comparable products in this space, we believe it is a compelling option for investors.”