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.
Two Sigma Advisers was launched in 2009 and leverages artificial intelligence and big data solutions to select stocks and analyse markets.
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).
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