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LGT Capital Partners has launched a new hedge fund product which offers outside allocators exposure to systematic and discretionary strategies with monthly liquidity.
Part of the Lietchenstein royal family’s private bank and asset manager, the portfolio currently sits within the LGT Endowment, its principal evergreen portfolio.
The new commingled fund vehicle provides institutional investors and wealth management clients with streamlined access to hedge fund investments, according to a statement from the firm.
The product “builds on LGT Capital Partners’ longstanding tradition of selecting best-in-class external hedge fund managers, as well as leveraging the firm’s direct, in-house quantitative investment capabilities.”
It will invest in more than 30 hedge fund managers globally. On the discretionary side, the focus will be on event-driven, credit and other fundamentally-driven strategies. On the systematic side, there will be a quant focus on trend-following CTAs, quantitative macro, short-term trading, equity-market neutral quants and AI/machine learning.
“We are pleased to offer our clients a new and efficient way to invest in the best of both worlds within the hedge fund universe: those that are traded by humans and those that are run by computer models,” said Roger Hilty, partner at LGT Capital Partners.