Ignis Asset Management has launched a new low-volatility retail fund to target cash-plus performance in all market conditions.
The long/short Luxembourg-domiciled fund, Ignis Absolute Return Government Bond Fund, takes positions in developed market sovereign bonds and AAA supranational bonds.
Russ Oxley from Ignis
It launches at the end of March and offers low volatility and diversification, with returns lowly correlated to traditional equity and bond funds, according to a statement from the asset manager.
It aims to target net returns of 2% to 3% per annum in excess of cash and has been launched because of demand from