Newscape launches multi-asset fund

Specialist investment house Newscape Capital Group has launched a risk targeted, multi-asset fund, aiming to deliver double-digit returns.

The Dublin-domiciled fund will be run using a team approach, with portfolio construction and risk overseen by Richard Bonnor-Moris, who heads the group's model portfolio service. It will aim to achieve a consistent double-digit return with single-digit volatility over the longer term, against an annualised benchmark hurdle of 7%. The vehicle will predominantly invest across equities, bonds and currencies.  Luke Burdess, head of sales at Newscape, said the fund is aimed at both institutional and retail investors.  "The strategy is based on a rigorous quantitative and qualitative ...