Martin Currie, the Edinburgh-based ‘big boutique’ manager overseeing $1.2 billion, is launching a UCITS III-compliant product based on the firm’s ARF-Japan Fund, a long/short equity strategy launched in 2000.
Luxembourg-domiciled Japan Absolute Alpha will be managed by John-Paul Temperley and Keith Donaldson, who manage ARF-Japan. The ARF Japan fund was up 0.74% in June, bringing its year-to-date gains to 7.78%. It has returned 87.7% since inception, with annualised returns of 6.5%.
Pending regulatory approval, the new fund will be launched in September, alongside Martin Currie’s European Absolute Alpha and Global Resources Absolute Alpha fund.
The fund aims to generate alpha