, a member of the 128 year old Thomas Miller Group of companies, has launched a new Alternative Investments Fund, which will be managed on a day to day basis by TMI's Alternatives Research Team which is led by Abi Oladimeji, Head of Investment Strategy and is overseen by the TMI Investment Strategy Committees.
The investment objective of the TMI Alternative Investments Fund is to achieve a return in excess of cash + 3% per annum over rolling three year periods. The fund will target these returns through investment in a portfolio of globally diversified assets which typically exhibit low correlation to equity markets. The fund will allocate to a broad range of asset classes, including specialist debt, infrastructure, private equity, property, insurance linked securities and commodities.
Carolyn Gelling, Head of Collective Investment Funds, Thomas Miller Investment, said: "The TMI Alternative Investments Fund will complement our existing offering while providing investors with both an excellent portfolio diversification tool and the potential for additional return generation within a balanced portfolio.
"For many, the selection of alternative assets poses issues in terms of accessibility, liquidity and concentration risk. The TMI Alternative Investments Fund addresses these concerns by providing investors with exposure to a broad range of alternative asset classes in a single fund solution."
Shares in the fund are available to persons who qualify as Specialist Investors, for investments above $100,000 or currency equivalent.
Thomas Miller Investment has appointed Christopher Coles as Business Development Executive to help drive the growth of Thomas Miller Investment's intermediary and private client propositions.
It is likely to be another week dominated by Brexit headlines. However, Brexit aside, the highlight will be Central Bank meetings with both the US Federal Reserve (Fed) and the Bank of England (BoE) holding monetary policy meetings this week.
