Resolution head of sales and marketing Jonathan Polin says the firm is looking to build a series of 130/30 products to meet growing demand.
He says US, UK and Far East portfolios have been earmarked but the company is waiting for regulatory clarification.
He says: “The process of launching these products needs to come in the right structure and meets all our demands for distribution. Initially, there is an institutional demand for these products but there will be a greater retail demand further towards the end of 2008 and start of 2009.”
The UK vehicle is to be managed by Cartesian duo David Stevenson and Andrew Kelly while Tony Ewing will take on the US portfolio after rejoining the firm this year as co-heads of US equities.
Polin says future launches, such as a possible global portfolio, will largely be demand led with much being dependent on the FSA’s proposals for alternatives.
He says: “I expect a number of 130/30 short extension type products to be launched over the coming months but it is important that IFAs realise that managers of traditional retail funds do not necessarily have the systems or skills required to manage the short positions and therefore the funds’ risk profile. This is something that we will focus on before launching products through our boutiques or in house.”