Instreet’s Alternative Manager DPA provides exposure to Aspect, Axiom and Quantica
Boutique investment manager, Instreet, has launched the Instreet Link Alternative Manager DPA, a structured product that invests in a basket of alternative investment strategies, actively managed by three established global investment managers.
Instreet Link Alternative Manager DPA product is part of the Instreet Link Series that seeks to provide investors with an opportunity to gain exposure to the price growth potential of an equally weighted basket of these alternative strategies. Exposure can be gained for a fraction of the notional exposure of the investment.
Instreet managing director George Lucas says: “The Instreet Link Alternative Manager DPA has a low breakeven, at 1.3% a year. So the investment starts making money even with a modest increase in the basket value. It also offers known downside risk with losses limited to the initial investment amount.
“With a relatively small one-off payment providing larger exposure, investors can add an allocation to alternative investments to their portfolio whilst maintaining the majority of their cash position, if they like” he said.
Lonsec investment house, which has given the product a “recommended rating”, says the structure is a relatively efficient means of providing leveraged exposure to the basket of managers. It primarily suits “growth and high growth investors” and not those looking for income over the three-year period.
The underlying strategies are managed by Aspect Capital Limited, Axiom Investment Advisors LLC and Quantica Capital AG. Aspect is a London-based manager specializing in systematic asset management, Axiom is a US-based specialist foreign currency trader, and Quantica is a Swiss-based systematic investment manager.
