Schroders has launched an externally managed fund, the Schroder GAIA Two Sigma Diversified, on its Ucits platform.
The fund will be sub-advised by US boutique Two Sigma Advisers, and combine US equity market-neutral and global macro strategies. The management team will aim for the fund’s portfolio to be uncorrelated with traditional equity and bond markets.
The strategy will apply a scientific, algorithm-driven approach to investing in an investment universe totalling several thousand individual securities, across a wide spectrum of macro markets. The majority of the fund will be allocated to the equity market-neutral strategy.
Launched in November 2009, GAIA is Schroders’ liquid alternatives channel for professional investors. It consists of nine Ucits-compliant hedge fund strategies.
Schroders manages assets of £343.8 billion (€402.5 billion).
©2016 funds europe