Unigestion has launched an alternative risk premia fund to add to its existing range of direct alternative strategies, Citywire Switzerland can reveal.
The Uni Global – Alternative Risk Premia fund will be run by the Cross Asset Solutions team led by Jérôme Teiletche and offers a liquid source of returns to investors.
The new strategy tackles three major investor concerns in the asset management industry, including low returns for traditional investments as bonds yields remain at low levels and equity valuations are stretched.
It also aims to target volatility caused by macroeconomic and political risks, as well as disproportionate typical cost structures imposed by hedge funds in comparison to the returns they deliver.
The fund runs alongside Unigestion’s existing range of alternative funds, including the Uni-Global – Cross Asset Trend Follower, the Uni-Global – Alternative Equities Compass World, the Unigestion Long/Short Global Opportunities fund and the Uni-Global – Absolute Return fund.
Commenting on the launch, head of cross asset solutions Jérôme Teiletche (pictured) said: ‘Our Alternative Risk Premia design draws on years of research and a deep understanding of how hedge fund returns are generated.
‘While there is undoubtedly still a place for talented hedge fund managers that deliver true alpha, this type of strategy is attractive to any investor looking for alternative sources of return that are thoroughly risk managed, liquid and cost effective.’