Wrap platform Ascentric says there is growing demand for alternative investments such as funds of hedge funds and niche products including forestry investments.
The company said there has been an explosion in demand for funds in general and has added 35 fund managers and 350 new products since launch last August. New managers that run what have until now been seen as non traditional funds include Glanmore, Thames River, Matrix, Miton, Glasgow Investjments Managers, BDT and Quadris. Among the new funds are fund of hedge funds Matrix Max and Horizon, Thames River Warrior, a multi-manager absolute return vehicle, an environmental fund run by Quadris and the Glanmore Property fund. Hugo Thorman, managing director of Fundsdirect Ascentric, said: “The...
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