MeesPierson Asset Management (CI) Limited has today announced the launch of a new multi asset fund of funds targeted at both institutional and private investors.
The Diversified Opportunities Fund will be the first unitised offering from the offshore business and will have UK reporting status, giving legitimate tax advantages to some investors.
The Guernsey registered open ended structure will focus on providing investors with stable long term growth by using collective investment schemes and exchange traded funds to achieve a broad spread of asset classes and geographic diversity.
Fund manager Jason Robilliard said that investors were increasingly looking for global investment ideas.
"The market at the moment is being driven by the need for more stable returns. With a highly diversified investment strategy we aim to create a smoother performance profile, whilst still providing the potential for attractive long term returns for our investors.
"Having launched our discretionary management service some three years ago, the team here at MeesPierson in Guernsey have built up a solid track record despite facing very testing times and we believe that the time is right to launch a unitised version of this service."
The management team will be seeking the best possible investment solutions and are implementing an innovative fund selection process.
"We'll be seeking out both exchange traded and actively managed funds to make comparisons, essentially playing passive against active management, selecting the best performing management style for our investors," said Mr Robilliard.
The fund will appeal to investors with insurance wrappers and pension schemes and with two share classes the barriers to entry are minimal. The retail share class has a minimum investment of £10,000 whilst the institutional class has a minimum investment of £250,000.
For more information about Guernsey's finance industry please visit www.guernseyfinance.com.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
