Aberdeen Standard launches Alternative UCITS tracker fund

Aberdeen Standard Investments has announced the launch of a new Alternative UCITS Fund of Fund, consisting of 140 UCITS funds, tracking the constituents and weights of the HFRI-I Liquid Alternative UCITS Index. The vehicle aims to provide a solution for investors who seek a broadly diversified Alternative return stream without having the need to access all of the underlying funds. The fund is seeded with an initial 150MUSD from institutional investors.