The new fund, devised by SYZ Asset Management, combines two complementary alternative strategies in order to provide investors with protection in the current environment, which is generally unfavourable to traditional asset classes.
The fund invests its assets in the products based on the managed accounts platform developed through the cooperation between SYZ Asset Management and UBS Investment Bank.
The company said that the new fund aims to provide an improvement in the risk profile of a traditional portfolio.
The product combines CTA funds with an active management strategy to hedge against extreme risks (tail risk hedging).