Threadneedle unveils multi-asset fund

MulticolourThreadneedle Investments has launched a multi-asset fund.

Toby Nangle, head of multi-asset allocation, will manage the fund with Matthew Cobon, head of interest rates and currency, as his deputy.

Threadneedle said the fund was a mixed asset absolute return fund offering global exposure across a range of asset classes with the aim of producing positive returns in all market environments.

Nangle and Cobon said they would use active allocation decisions with an unconstrained, high conviction, flexible approach to exploit pricing differences between asset classes.

The fund can invest in traditional securities such as equities, bonds and currencies worldwide. It may also gain indirect exposure to commodities, property or other assets through other funds or by using derivatives. In addition, the managers have the ability to make use of short-selling and leverage.

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