Skandia plans fund of alternatives

The asset classes in the fund, which mix physical assets with hedge fund strategies, are likely to encompass diversified hedge fund exposure; listed timber; precious metals; listed water; listed infrastructure; hard and agricultural commodities; active currency management; global macro strategy; long/short equity strategy; and volatility. Skandia has not yet made any decisions regarding the likely domicile of the fund, minimum investments or the currency or charges of share classes. However, the group has said the product will be distributed throughout the “Skandia world”, including over 4...