F&C unveils Active Return fund

To be co-managed by Stephen Crewe and Chris Childs of F&C Alternative Investments, the fund will utilise some of the derivative investment strategies successfully employed on existing products managed by the team, including a hedge fund, and will be supported by a sophisticated independent risk system. Unlike a hedge fund, the new product will have daily single pricing, a simple fee structure and daily liquidity through a Luxembourg domiciled UCITS III SICAV fund structure. The fund, which has both Sterling and Euro share classes, will therefore provide access to a set of alternative i...