Franklin Templeton Investments has announced that international investors can now access its first multi-manager, multi-strategy Luxembourg-registered Sicav fund focused on alternative investment strategies.
The fund, called Franklin K2 Alternative Strategies Fund, was soft-launched a month ago and follows a similar strategy to the US-registered Franklin K2 Alternative Strategies Funds.
Based in Stamford, Connecticut, the investment team consists of the fund’s co-lead portfolio managers David Saunders, co-founding managing director of K2 Advisors, Brooks Ritchey and Rob Christian, both senior managing directors, K2 Advisors.
The fund aims to combine Franklin Templeton’s top-down market views with low volatility and capital appreciation whilst providing a low correlation to traditional asset classes.
David Saunders commented: “In today’s volatile, low interest rate environment, many investors are looking for actively-managed investment solutions from established managers employing strategies that can help reduce volatility in unpredictable markets while providing attractive risk adjusted returns.”