Like the previous funds in the series, the MS Discretionary Plus Fund will offer exposure to a broad class of managed futures, a short- to medium-term pattern recognition programme and a long-term trend following programme.
Mesirow Financial, which has over $65bn in AUM, aims to have a minimum exposure to commodities of 75%.
Tom Willis, portfolio manager of the Mesirow Absolute Plus Strategy, said: “The strength of our strategy is our seasoned investment team, our disciplined risk management process with an emphasis on capital preservation, combined with a targeted high percentage of profitable trades on a high win/loss ratio. The strategy seeks to avoid portfolio concentration in multiple levels, including price, concentration, time and trade structure, ensuring a strong strategy all around.”
The third fund in the series, the MS Long Term Trends Fund, was launched earlier in the month, offering access to the Winton Diversified Program.
