Aberdeen Standard Investments targets institutional investors with passive hedge Fof

Aberdeen Standard Investments (ASI) is launching a fund of alterantive Ucits funds for institutional investors, offering a passive way to gain exposure to a diverse range of hedge fund strategies. The ASI HFRI-I Liquid Alternative Ucits Strategy is being seeded with $150m of institutional investor money. It will invest in over 140 Ucits funds, mirroring the constituents and weightings of the HFRI-I Liquid Alternative Ucits Index which in aggregate has assets of more than $110bn. The fund offers diversification across Macro, Relative Value, Event Driven and Equity Hedged strategies. AS...