NETHERLANDS – Rotterdam based Robeco Alternative Investments is to launch a hedge fund multi-manager structure in September/October this year, to meet institutional and private client demand for guaranteed products linked to hedge funds.
The structure, a multi-strategy fund-of-funds arrangement will combine five different strategies in one fund, including convertible arbitrage, equity market neutral, long/short fixed income, managed futures and merger arbitrage.
Robeco says each of the strategies will be managed by one or more of the best specialized hedge fund managers and not necessarily affiliates of the Robeco Group.
The firm says principal protection in the fund will come through the issuance of structured notes, the performance of which will be linked to the underlying strategies, but which will be guaranteed at maturity – after five years.
The group already offers a range of hedge fund products, six of which are managed by New York based Weiss, Peck & Greer, a member of the Robeco Group.
A further two products are offered to segregated clients through Robeco Asset Management.