Investment Objective
The Fund aims to provide capital growth by investing in equity and equity-related securities, fixed and floating rate securities and currencies worldwide, including emerging markets. The objective is to provide exposure to the highest conviction alpha opportunities across Wellington's alternatives platform in a risk-managed, multi-asset class multi-strategy portfolio.
Latest Meeting Note
Meeting Note 06 Nov 2018
A global multi-strategy fund allocating to long/short equity, absolute return fixed income and market neutral strategies managed in-house at Wellington. Wellington currently has over $40bn invested across 77 alternative strategies, which...
A global multi-strategy fund allocating to long/short equity, absolute return fixed income and market neutral strategies managed in-house at Wellington. Wellington currently has over $40bn invested across 77 alternative strategies, which is the universe from which Pagosa selects its underlying allocations. The strategy has been managed live since 2012 and has delivered positive annualised returns of 5.5% with a volatility of 4.5%. Given the pedigree of the underlying investors available to the Pagosa PMs at Wellington, we regard this as a highly credible offering coming to UCITS, and should appeal for investors looking to allocate to a single fund that blends a wide variety of alternative strategies into one portfolio.
Performance
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.7 | 0.5 | 0.8 | 0.9 | 0.6 | 0.0 | 0.5 | 0.5 | 0.3 | 0.9 | 0.1 | 0.2 | 0.2 | |
2022 | 0.1 | 0.2 | 0.4 | 0.3 | 0.3 | 0.1 | 0.4 | 0.5 | 0.5 | 0.2 | 0.5 | 0.5 | 0.4 |