A former rate-setter at the Bank of England, and a noted investment figure who runs his own asset management business, will see one of his strategies be the first to be adopted on a new platform of Dexion Capital.

London-listed Dexion Capital, the alternative investment business, has launched an alternatives UCITS platform called Dexion Liquid Strategies. The first fund to launch on the platform, in June, will be the Keynes Dynamic Beta Strategy Fund, managed by former Bank of England policymaker Dr Sushil Wadhwani of Wadhwani Asset Management.

Dexion Liquid Strategies is domiciled in Ireland. The platform is designed to allow the business to offer a range of liquid alternative investment strategies to its investor base in the UK and Europe.

The KDBS fund – with a name that gives a nod to the famous British economist John Maynard Keynes - employs a “systematic and tactical approach to asset allocation, which complements medium and longer term discretionary asset allocation decisions”.

This approach is expressed through quantitative models which have been used by Dr Wadhwani in the Keynes Funds since 2005 and builds on models he has been working on for over 26 years. Prior to founding Wadhwani Asset Management, Dr Wadhwani was a full-time member of the Bank of England’s Monetary Policy Committee from 1999 to 2002, before which his roles included director of quantitative systems and partner at Tudor Group, and director of equity strategy at Goldman Sachs International.

“The strategy we have developed looks to harvest traditional and alternative betas, across bond and equity markets, taking an agile approach through dynamic weightings and non-linear interaction. This allows us to navigate market cycles in different ways to traditional long-only asset allocation mandates,” Dr Wadhwani said in a statement.

Dexion Capital is an alternatives investment bank operating in public and private markets, focused on originating, structuring and distributing alternative assets for institutional investors across the UK, Europe and the US. Since inception in 2000, the firm has raised more than $16 billion through fundraising and related activities.