Swiss group Mirabaud Asset Management has announced the launch of a multi-asset fund which will offer investors access to a dynamic asset allocation process.
The Mirabaud Dynamic Allocation fund will be managed by its CIO of asset allocation products and balanced mandates, Pierre Pinel, who joined the firm from BNP Paribas in September last year.
Its strategy gives the manager the flexibility to steer away from the reference index and offer lower correlation to traditional financial markets, according to the firm. The process is based on indicators of financial trends, macroeconomic indicators and price indicators.
'Today things are more complex,' said Pinel. "Markets tend to move fast in shorter cycles and often finish at the same level they started at but with highly volatile periods in between.'
'A passive approach will ultimately result in disappointing returns. The goal of any dynamic multi-asset portfolio today is to capture these intermediate trends in order to compound returns.'
In the course of his career, Pinel has assumed key responsibilities and dealt with numerous areas of activity in the Swiss and international world of finance, encompassing asset management, investment and also product development and management.