Geneva-based asset manager Unigestion has launched Uni-Global Cross Asset Navigator, a daily-liquidity, UCITS IV-compliant fund, which will allocate funds across asset classes based on a macroeconomic risk assessment.

Geneva-based asset manager Unigestion has launched Uni-Global Cross Asset Navigator, a daily-liquidity, UCITS IV-compliant fund, which will allocate funds across asset classes based on a macroeconomic risk assessment.

“Uni-Global Cross Asset Navigator is an attractive proposition for investors looking to make a multi-asset class investment that combines the rigour of a risk-based allocation process with the need for tactical calls in today’s turbulent economic and market environments,” Unigestion's chief executive, Fiona Frick, said.

The multi-asset fund aims for a return of three-month Libor +4 per cent per year over a full economic cycle with half the long-term risk of the stock markets, the firm said in a statement.

Jérôme Teiletche, Olivier Blin and Guilhem Savry, who were hired last year to manage Unigestion's cross asset solutions team, will make up the fund’s portfolio management team. Click here for more information on these hires.

The managers said in a statement that the macro theme-based approach will allow them to seize opportunities in foreign exchange linked to the diverging economic cycles in North America and Europe, and from disruptions triggered by the oil crash.

Unigestion holds £10.7 billion ($16.2 billion) of assets under management, of which 94 per cent is managed on behalf of around 270 institutional investors and 6 per cent on behalf of high net worth individuals.