UK-based alternatives investment managerGAM is making its Multi-Systematic Trading fund of hedge funds available to the public.

The fund is co-managed by David Smith and Arvin Soh using structured analysis to identify trend and non-trend managers with a competitive edge. The portfolio is constructed using an investment process that is a blend of quantitative modelling and qualitative judgement aimed at delivering long-term capital appreciation with diversification of risk.

GAM Multi-Systematic Trading typically invests in between five and eight leading trend and non-trend managers with the objective of smoothing the pattern of returns and dampen volatility as each manager has a different trading emphasis.

Mr Smith said: “Trend and non-trend managers operate differently, providing different sources of performance and complementing each other during different market conditions. The flexibility to combine elements and vary market exposures means that trading funds typically display low or zero correlation to traditional asset classes.”