Derivatives and liquidity key focus for F&C Active Return

Crewe and Childs make bid to exploit pricing anomalies

F&C's latest offering will blend derivatives and up to 90% in liquid investments to provide cash-plus returns with lower volatility. Active Return, which came to market last week, is run by alternative specialists Stephen Crewe and Chris Childs. Targeting returns of 2%-4% over short-term money market rates each year, Crewe and Childs will invest in derivatives focused on developed market equities. These will mainly be in the US and Europe, with a bias towards large-cap holdings.  Up to 90% will be in liquid investments such as cash, deposits and floating rate notes The group claim...