GAM Investments has been awarded an initial $135 million risk-premia mandate by AMP Capital for its systematic alternative risk premia portfolios, which typically target around 15 risk premia strategies, it said.
The GAM team said it used a disciplined research process which aimed to implement and trade the various risk premia.
Following this, it would run a new higher volatility version of the same strategy which AMP Capital would seed.
According to AMP Capital portfolio manager, Celine Kabashima, the strategy would complement its existing suite of absolute return and risk premia strategies.
“GAM Systematic Alternative Risk Premia plays an important part of our absolute return program by providing our portfolios with diversification benefits against traditional asset classes and attractive risk-adjusted returns in a liquid and cost-efficient manner,” she added.
Australia’s second-largest super fund has explained its approach to the Asian giant and how it is balancing underlying risk, adding that avoiding China altogether may not be a “doable strategy”.
New research indicates that industry superannuation funds are poised for significant growth, posing a challenge to traditional active managers.
Challenger reported growth of 190 per cent in lifetime annuity sales, having realised an “extraordinary” opportunity in retirement.
The ethical asset manager has launched an infrastructure debt fund in association with specialist manager Infradebt.
Add new comment