The Pengana Global Volatility Strategy is the latest addition to boutique fund manager Alpha Fund Managers' Alpha series multi-manager line-up.
"The consistency of the returns since the strategy began gives a large measure of comfort when embracing a new strategy such as this," Alpha portfolio manager Matthew Zschech said.
The Pengana global volatility strategy invests in exchange-traded North American futures and options and is essentially market neutral and non-directional.
Pengana Capital executive director Simon Poidevin welcomed the announcement.
"More and more investors are recognising Pengana's Global Volatility Strategy as a real means of achieving uncorrelated returns in both up and down markets," Poidevin said.
Zschech said Alpha was in the process of assembling a portfolio of managers that were specialists in their fields.
Last month, Bennelong Funds Management's Australian Equities Fund was added to the Alpha series multi-manager line-up.
Alpha also has a number of platform applications in the works. The fund is currently on a white label version of Navigator and IOOF and is in discussions with Aviva to appear on its platform.
