IAM has been managing fund of funds since 1995.
IAM is currently managing two fund of funds which are open to external investors:
IAM DC (Decorrelated) Multi-Strategy Fund
The IAM DC Multi-Strategy Fund is an uncorrelated portfolio, ‘best IAM ideas’ multi-strategy fund invested across IAM’s highest conviction mangers. It utilises a global mandate that is concentrated across a broad suite of strategies. The fund aims to deliver higher levels of manager alpha and lower levels of beta that investors have increasingly been demanding.
The fund is Irish domiciled and is available with monthly or quarterly liquidity depending on the share class.
Core Defensive is an absolute return fund with a very low volatility target, which is designed to replicate short dated government bonds returns without the interest rate risk. The fund is aimed at investors who do not want to keep assets in cash or government bonds and are looking for a liquid solution.
In order to achieve its objectives, the fund uses strategic allocations across a wide range of managers that we feel are able to exploit inefficiencies in government bond, equity and credit markets with very little directional exposure. The portfolio is constructed with managers who we believe have very specialised knowledge of specific markets and a proven track record of adding alpha without being susceptible to maket beta.
The fund is part of IAM UCITS fund range, domiciled in Ireland and has daily liquidity.