TriAlpha Investment is to launch a corporate bond fund. The company, which will soon merge with ACP Partners, says the ACP TriAlpha Global Credit Fund will be managed by Steven O’Hanlon.
The fund aims to maximise risk-adjusted returns by allocating across the credit spectrum dependent on the investment cycle.
It will target a return of 6% to 8% per year, with annual volatility of less than 4%.
The Jersey-domiciled fund will be an absolute return credit fund with an emphasis on capital preservation.
It is anticipated to have between $80m (£57.9m) and $100m under management at launch.