Tideway Investment Partners is the latest asset manager to launch a fund on the Alceda Fund Management UCITS platform.
The Luxembourg-domiciled Global Navigator UCITS Fund invests primarily in currencies and fixed income; equity market exposure is typically capped at 15%.
Michael Sanders chief executive of Alceda
London-based portfolio manager, Peter Doherty, targets a return of 8% per year after all fees using a multi-asset approach.
An institutional share class is already open for subscription, which has a minimum investment of £250,000 and an annual management charge of 1%. The retail share class, expected to be available next