The Horizon Active Asset Allocation Fund has attracted more than USD200m in assets under management since its inception in March 2012.
The no-load mutual fund with a global tactical asset allocation strategy invests in exchange traded-funds.
According to Morningstar, it ranks in the top two per cent of 236 funds in the Total Allocation category for one year as of 1 November, based on total returns.
The firm leverages a multi-disciplinary approach within its investment process by blending quantitative analysis with economic and fundamental research. It scours the investment landscape to detect market conditions, events or other catalysts seeking to uncover ideas one-dimensional quant managers may have missed. In that three-pronged approach, Horizon Investments examines the impact of factors such as global policy and the Federal Reserve, reviews company-by-company data, and identifies new academic thought or models.
“It is only after that in-depth, multi-dimensional analysis that we make a decision about how to invest, pursuing innovation with a diversity of perspectives,” says Ronald Saba, director of equity research for Horizon Investments. “Additionally, we believe our quantitative capabilities rival those of most quantitative strategists, and we feel the growth of our fund is a direct reflection of our belief in this multi-discipline research process.”