Paris-based asset managers Amundi and Capital Fund Management have jointly launched a multi-strategy absolute return Ucits fund.
Available on the Amundi Alternative Ucits Platform for eligible professional clients, the fund implements one of CFM’s flagship multi-strategy programs based on a complementary mix of relative value and directional strategies on futures and equities.
Driven by a quantitative and systematic investment process, the fund aims to deliver absolute return with low correlation to traditional and alternative markets using a range of proprietary techniques, including machine learning and portfolio construction methods, and a diverse set of strategies across asset classes to capture alpha through various sources.
Philippe Jordan, President of CFM International, said: “We are delighted to partner with Europe’s largest asset manager to make our Cumulus strategy available to UCITS investors. This partnership is an exciting development for CFM as it combines our quantitative and systematic approach, honed over more than 30 years of investing, with Amundi’s market-leading operational platform and extensive reach. Our strategies aim to deliver returns with low correlation to traditional markets, meeting the growing demand for diversification in today’s volatile market conditions”.
Lionel Paquin, Deputy Head of Amundi Alternative and Real Assets, added: “We are excited to partner with CFM, bringing to investors another differentiated investment opportunity to navigate today’s complex and global markets. CFM’s long-term experience in quantitative investing and the sourcing of alpha with low correlation to traditional markets is a valuable addition to our platform. The partnership underscores our track record in carefully selecting and bringing to our clients best-in-class strategies and managers from the alternative investment universe.”
