ORTON, Scotland (HedgeWorld.com)–Valu-Trac plans to launch a tactical asset-allocation alternative investment strategy in March in an offshore master feeder structure.
For now the firm, which specializes in long-only mandates and in producing monthly asset allocation advice to institutional investors, is managing the alternative investment strategy in a proprietary account. The new fund, Valu-Trac Strategic Master Fund Ltd., will cater to that same institutional investor base, which includes insurance companies, funds of funds and securities companies.
The strategy is global macro/tactical asset allocation and will invest in 42 different markets and four asset classes. Splitting the fund’s holdings between equities, bonds, currency and commodity asset classes, officials are planning to add to its long-only repertoire.
Unlike other trend-following global macro strategies, the Valu-Trac fund looks at the actual value of the investment and the behavior of that intrinsic value, rather than the trends in prices, said Michael Gould, appointed representative of the fund.