Saturday, 30 July 2016
Last updated 6 hours ago
Mar 28 2013 | 9:46am ET
Natixis Global Asset Management has launched a new mutual fund of hedge funds.
The Aurora Horizons Fund is a multi-strategy fund managed by fund of funds shop Aurora Investment Management, led by CEO and portfolio manager Roxanne Martino and three other Aurora executives. The fund features dynamic allocations to sub-advisors running a variety of strategies.
"We are pleased to offer the Aurora Horizons Fund, which gives investors access to investment talent not previously available to them in a mutual-fund format," Natixis U.S. distribution CEO David Giunta said.
In addition to Martino, Aurora President Scott Schweighauser and chief investment officer Justin Sheperd serve as portfolio managers, with Anne Marie Morley handling operational due diligence.
"The new Aurora Horizons Fund provides investors with a liquid alternative to traditional hedge fund investments," Schweighauser said. "We actively reallocate the portfolio to a set of proven alternative investment managers to help the fund's shareholders benefit from market fluctuations and strategy performance trends."