Saltus launches global equity fund

Discretionary fund manager Saltus has launched a global equity fund in an extension of its IFA-focused offerings.

Managed by partner Dan Kemp and the Saltus investment team, the Saltus Global Equity fund is a long-only fund of funds that will sit in the IMA Global sector, benchmarked against a composite index comprised of 50% UK equities and 50% global ex-UK equities. The offering will invest in actively-managed equity funds as well as ETFs and other passive instruments, and forms part of Saltus' overall discretionary portfolio rather than acting as a stand-alone product. "Fund selection is assisted by a unique quantitative tool enabling Saltus to identify those managers most likely to add value ...