The fund is market neutral and has been launched with US$25 million in assets under management.
The fund’s investable universe comprises of more than 800 stocks across five countries.
AMP Capital co-head of multi-strategy equity funds Mark McClatchey said AMP Capital combines the quant technique of seeking alpha from long-standing behavioural biases with fundamental insights.
“This hybrid approach allows us to capture the returns from value and momentum signals, but we also take into account the stock-specific risks that traditional quant investors tend to overlook,” he said.
“This approach delivers the best risk-adjusted outcomes for our investors.”
Mr McClatchey said the fund will appeal to institutional investors such as family offices, pension funds and sovereign wealth funds that access alpha in Asian markets.
“These sophisticated investors favour quantitative returns because they tend to be consistent, repeatable and risk-controlled,” he said.
“They will also like the diversification of returns offered by our fund, which is market neutral and therefore delivers pure alpha, compared to long-only Asian portfolios."
Mr McClatchey said the returns of the fund are sourced from the behavioural biases in the market and represent “good diversification to more fundamentally-based investing”.
AMP Capital chief executive international and head of global clients Anthony Fasso said the Asian market is now suitable for quantitative techniques, since it had developed to a point “where there is a very broad coverage of stocks in the region, good liquidity and corporate governance continues to improve”.
