Investec Asset Management has launched three Luxembourg-domiciled Ucits III funds within its Global Strategy Fund (GSF) range.
Offering exposure to the natural resource, energy and emerging market currency sectors the funds are targeted at international investors, discretionary buyers, fund of funds and global institutions.
The three funds, which are also registered for distribution in the UK, are the Investec GSF Enhanced Natural Resources Fund, the Investec GSF Enhanced Global Energy Fund and the Investec GSF Emerging Markets Currency Alpha Fund.
Managed by Bradley George and George Cheveley, the Investec GSF Enhanced Natural Resources Fund will take long and short positions in a universe of over 30 commodities and 800 resource stocks.
The Investec GSF Enhanced Global Energy Fund is managed by Mark Lacey and Jonathan Waghorn and will gain exposure to energy related equities, commodities and derivative instruments taking both long and short positions.
Finally, the Investec Emerging Markets Currency Alpha Fund, managed by Werner Gey van Pittius has an absolute return objective and aims to deliver uncorrelated returns from actively managed positions in emerging market currencies.
The fund is able to invest in a universe of 55 emerging market currencies and returns are expected to be largely independent of equity and bond market movements.
David Aird, managing director, UK Distribution for Investec Asset Management, said: “Our aim is to provide our clients with access to the best investment opportunities we can find in the market whilst making full use of Ucits III powers to provide better risk-adjusted returns.
“Given Investec Asset Management’s long and highly regarded pedigree in the commodities, emerging market and currency management sectors, we are pleased to offer both our UK and international clients access to the investment opportunities in these asset classes, seeking to provide some protection in falling markets whilst at the same time generating attractive returns over time.”
