Natixis Global Asset Management has strengthened its European SICAV range with the launch of a new managed futures fund from one of its leading affiliates focused on alternatives, AlphaSimplex Group, LLC.
AlphaSimplex’s Managed Futures Fund will invest in futures and forward contracts across a broad range of markets including equities, fixed income and currencies and aims to profit from current trends in the markets, taking long positions in assets in a rising price trend and short positions in those that are in a falling price trend. The fund also has indirect exposure to commodity markets.
The new fund will be quantitatively driven with full transparency and will be co-managed by a team of five Portfolio Managers. Although the fund has only recently become available to European investors, AlphaSimplex has a six year track record in the U.S. managing over $3.5bn in its Managed Futures strategy.
“In a world that has become more and more interconnected, correlation has increased”, said Duncan Wilkinson, CEO of AlphaSimplex. We believe this product can be implemented as a strong diversifier in an equity-dominated portfolio.”
Commenting on the new fund, Chris Jackson, Deputy CEO – International Distribution at Natixis Global Asset Management, said: “Through Natixis’ regular investor surveys we believe that individuals are becoming increasingly aware of the need to have an allocation to alternatives within a portfolio. As managed futures are typically uncorrelated to other asset classes, these strategies can be a useful way of diversifying an investor’s portfolio. AlphaSimplex has a solid track record, supported by an experienced team of managers and we believe that this successful offering will resonate well in the European marketplace.”