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AXA IOM launches Bramdean Alternatives Fund

7th June 2007 Print
AXA Isle of Man Limited has announced the launch of the AXA IOM Bramdean Alternatives Fund, giving its clients exclusive access to the newly launched Bramdean Alternatives Limited fund through an offshore bond wrapper. The announcement comes following the launch of the Bramdean Alternatives Limited fund from Bramdean Asset Management LLP (“Bramdean”), the multi manager investment management business led by Nicola Horlick.

The AXA IOM Bramdean Alternatives fund will invest in Bramdean Alternatives Limited, which is seeking a full listing on the London Stock Exchange in early July. The fund will provide investors with a full range of alternative investments within an AXA Isle of Man bond wrapper. This innovative fund offers globally diversified investment across private equity, hedge funds and speciality asset classes which may include infrastructure, real estate, natural resources and structured finance funds.

Kevin Dean, Managing Director, AXA Isle of Man, commented, “We are very excited to be able to offer our offshore bond investors exclusive access to this highly innovative and unique investment opportunity. The launch of this fund is in response to increased demand from our clients to provide access to the alternatives arena.”

The minimum investment of £1,000 removes a barrier to investment and enables a wider range of investors to access high quality funds and fund managers across the alternatives sector worldwide.

Nicola Horlick, managing director of Bramdean Asset Management and fund manager of the Bramdean Alternatives Limited Fund commented, “The time is right for alternative investments to be more readily available to investors beyond ultra high net worth and institutional clients. For some time it has been clear that there is increasing investment demand for alternative assets and the performance of pension funds which have embraced this asset class demonstrates why alternatives deserve serious consideration. We are delighted to be teaming up with AXA Isle of Man to offer offshore investors access to this proposition.”

Innovative features of the Bramdean Alternatives Limited fund include:

Daily pricing
Exposure to a broad range of global alternative investments within one fund
Qualified, highly experienced and independent Board of Directors
Portfolio diversification
Low correlation between the portfolio’s assets and to traditional asset classes

Please remember that past performance is not a guide to the future and the value of investments can fall as well as rise. This means that you may get back less than you invest.