The fund will be run by Tom Becket with the Nurs scheme and will be positioned in the unit trust man- ager range.
Wealth Management Solutions launched five years ago with the quant support of PSolve, the specialist investment company within the Punter Southall Group.
PSigma Investment Management managing director John Howard-Smith says the fund should prove to be well timed for the current difficult markets.
He says: “Investors will hopefully recognise our ability to deliver real rates of return and that the old fashioned traditional split between property, equity and fixed interest offered by the majority of our peers is outdated.
“We have been extrem- ely successful with our thematic investments over the last few years, especially in resources and gold, while we also believe that our exp- erience in using alternatives, such as hedge funds, will assist us with our aim to continue to deliver strong ret-urns over the years to come”.
Becket says: “We looked at what was the best possible avenue to move into this space and found that that taking a balanced option best represented our current views on the market.”