London-based boutique investment house RMG Wealth Management has launched its first offshore fund in response to the demand it is seeing for its segregated client portfolio service.

The Guernsey-domiciled RMG Real Return Fund, which began trading on 1 February with £13.1 million ($20.7 million) in assets under management, is capable of investing globally across multiple asset classes and securities.

The fund will be managed by RMG Wealth’s co-founder and chief investment officer, Stewart Richardson. 

The absolute return mandate, philosophy and investment process remain the same as in the segregated portfolio but RMG believes the lower investment threshold (£10,000 or $10,000) and the ease of trading (weekly) will make it attractive to a wider group of investors.

“We believe a simplified strategy of ‘sell the euphoria and buy the hysteria’ will be successful, meaning tactical investment management is the key,” said Richardson. “Underpinning this process is RMG's proprietary, quantitative analysis.”