NN IP launches factor-based multi-asset fund
NN IP has announced the launch of a new factor-based multi-asset strategy, focusing on momentum, value, carry, flow and volatility factors.
While NN IP has applied factor strategies in earlier products, the current fund, which is set to pursue an absolute return approach, is the first to combine the five factors in this setting. The fund is registered for distribution in Luxembourg.
Wilfried van Dommelen, The Hague-based head of Systematic Strategies at NN IP comments on the launch: “Factor based investments have enjoyed growing popularity among investors. Until recently, this approach has been predominantly applied in order to determine the allocation of long-short portfolios.
“We are of the opinion that factor based investments offer a higher level of added value if applied across the market spectrum, which is why we invest in all asset classes avoiding a long-short focus. Based on our experience, this will combination will enable us to enhance returns, our aim is to achieve positive returns in every market environment” he adds.