Fulcrum Asset Management (Fulcrum) has launched the Fulcrum Diversified Liquid Alternatives Fund (the Fund), an unconstrained portfolio investing across real assets, alternative credit and diversifiers.
The Fund has a target return of cash +4 per cent per annum over rolling five-year periods with lower volatility than equity markets. The Fund offers daily liquidity with no performance fees.
The UK-domiciled daily dealing NURS fund will invest in collectives, as well as direct investments and is the first fund to be launched by the new Fulcrum Alternative Strategies team, drawing on long experience of managing portfolios of third-party long-only and hedge fund strategies with a significant ESG research input. The dedicated team is led by Matthew Roberts who joined Fulcrum in January 2018. They will be supported by Fulcrum’s 27-strong research and investment team.
The Fulcrum Diversified Liquid Alternatives Fund will offer exposure to liquid alternatives for DC and DB pension schemes, endowments and foundations as well as for wealth, private bank and family office clients.
Matthew Roberts (pictured), Partner, Fulcrum Alternative Strategies, says: “The demand for liquid alternative strategies is growing as investors are seeking greater diversification and risk-adjusted returns. We will be nimble to innovative new investment ideas and will generally hold our investments for a long time. We also have an objective approach to implementation and have structured the fund with a flat fee as we believe this is very important for our clients.”
