Janus launches multi-asset fund

multi asset2Janus Capital International has launched the Global Adaptive Multi-Asset fund, to be managed by Ashwin Alankar and Enrique Chang.

The Ucits-compliant vehicle aims to provide investors with total returns through growth and preservation of capital and income with positions across equity, fixed income and commodity assets. The fund can invest up to 100% of its assets in any of these classes depending on market conditions.

The fund aims to deliver a targeted absolute return in excess of Libor over a full-market cycle, a low correlation to other asset classes, and a focus on long-term compound returns over average or relative returns.

Alankar, global head of asset allocation and risk management, and Chang, president and head of investments, will adjust the fund’s portfolio according to the probability of extreme market movements.

Chief investment strategist Myron Scholes, who won a Nobel Prize for economics in 1997, will also contribute to the overall investment strategy.

Janus manages assets of around $177.7 billion (€157 billion).

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