Nomura Asset Management has launched its recent addition to their alternative UCITS range, their Alternative Alpha Fund. The strategy utilises a combination of derivatives and volatility sub-strategies and essentially aims to capture the volatility risk premium component of an alternative risk premia portfolio. Utilising derivatives on equity indices, volatility indices, as well as on individual bonds, should allow the fund to be nimble in its decision making, as well as provide daily liquidity and transparency. NAM UK, has positioned the fund to provide uncorrelated returns with respect to other major asset classes, targeting a 10% return with an average volatility below 10%.