Institutional Investors

Ramius picks up BT co-manager role


BT Financial Group, via its multi-manager operation Advance, has selected Ramius Alternative Solutions to co-manage a portfolio which has been seeded with roughly $428 million.

The fund itself – named Advance Alternative Strategies Multi-Blend Fund – combines a mix of traditional hedge fund investments, managed accounts and hedge fund replication strategies, aiming to achieve a more efficient access vehicle to a diversified set of skill-based and risk-based returns.

BT Financial Group is the wealth management arm of The Westpac Group and runs a number of Australia’s leading financial services brands. Advance is the brand for its investment solutions