Investec makes European institutional push with new alt fund range
Investec Asset Management has unveiled an alternative investment fund range – the Investec Global Alternative Fund 1, domiciled in Luxembourg and targeting European institutional investors.
The move aims to facilitating access for clients to its range of alternative investment solutions with the new range complementing Investec’s flagship Global Strategy Fund range, also domiciled in Luxembourg.
The new range is AIFMD compliant and subject to Luxembourg’s specialised investment fund scheme.
Investec’s multi-asset credit strategy will be the first fund in the range to be made available to investors and will be co-managed by Jeff Boswell, head of Credit, and Garland Hansmann.
John Green, global head of Client Group, said: “This move underlines our commitment to providing our European clients with solutions tailored to their specific requirements – an example being investors’ dual requirements for yield enhancement and capital preservation given uncertain markets.”
Investec AM had over $146bn (€124.8bn) of assets under management as of end March 2018.