Octopus boosts MM range with double launch

Octopus Investments has bolstered its multi-manager suite with two launches, adding a global absolute return vehicle and an emerging markets fund.

The IM Octopus Global Strategies and IM Octopus Emerging Market Equity funds are scheduled to launch on 8 November. The funds will be managed by Bish Limbu, who heads up the group's multi-manger range, with support from the boutique's wider investment team. Lothar Mentel, Octopus chief investment officer and head of multi-manager, said the Global Strategies fund will tap into alternative funds, including long/short equity funds and thematic propositions with low correlations to risk assets. The fund will sit in the IMA Absolute Return sector and is targeting a LIBOR-plus 4% return....