The Focus Investment Group says it is ready to launch a new fund of funds on March 1, the Focus Macro Fund, which has been in the works for the past six months.
“The decision to launch a Macro fund was primarily due to very specific client demand”, says Eugenio Verzili, Managing Director. “The objective of the Macro fund is to capitalize on Focus Investment Group’s expertise in identifying specialized managers and applying this expertise to the selection of the best CTA and Global Macro managers with strong track records and a proven investment process.”
“The fund’s purpose is to offset the more specialized portfolios through negative correlation and further diversification of risk factors. Focus selects only very few CTA and Global Macro managers at the top of their game rather than their traditional approach of investing early on”, adds Brian Briskin, Director of Portfolio Research. “The fund will maintain a well diversified portfolio of 10 to 15 managers with well established risk management policies.”
Focus Investment Group will maintain their exposure to these strategies to a minimum and use them dynamically and opportunistically.