Aurum launches multi-manager alternative fund
Bermuda-headquartered Aurum Fund Management has launched the Aurum Dynamic Strategies Fund, a multi-manager, multi-strategy, alternative Ucits fund.
The Aurum Dynamic Strategies Fund aims to provide lower correlation, lower volatility and better risk-adjusted returns than a balanced portfolio of equities and bonds.
The fund strategy mostly includes macro and quantitative market neutral strategies. Among the 1,000 alternative Ucits funds contained in Aurum’s research database, the Aurum Dynamic Strategies Fund will invest in less than 2% of these, seeking out the highest quality funds.
Kevin Gundle, CEO of Aurum Research Limited, Aurum’s UK subsidiary, commented : “Aurum’s proximity to the hedge fund industry gives it a unique vantage point from which to evaluate and access the most interesting alternative UCITS launches: those that are coming from hedge fund managers.”
“Aurum’s rigour when it comes to both investment and operational due diligence is an important source of reassurance and comfort for investors.”
Aurum has a 21-year track record of focusing on absolute return.