Fund-of-funds operator Diversified Global Asset Management is preparing to launch its first single-manager hedge fund strategy, which is designed to appeal to institutional investors seeking an efficient way to access more commoditized hedge fund approaches.
The new multistrategy offering will allocate to a variety of mature hedge fund strategies based on a systematic analysis of asset classes and markets. They will initially include macro, long/short equity, equity market neutral, relative value/event and fixed income/credit....