The Symphony Fund will invest into and replicate Brandywine’s flagship Symphony and Symphony Preferred funds, run by Mike Dever.
ATSG said the fund will offer “true diversification” by identifying sources of returns across a range of liquid markets, spanning commodities, stock indices and bonds.
A spokesperson for the company said the fund is a enables non-US investors to access the underlying strategy which is currently a US onshore fund.
Launched on 1 August, it has a minimum investment of €75,000 (£60,000) and will not directly incur any management charges, although the funds into which it invests have charges. Brandywine Asset Management currently has assets under management of $40m.
Dever, who set up the Symphony fund in 2011, has over 30 years’ experience in the industry, and ran the Brandywine Benchmark throughout the nineties.
ATSG's John Ferguson said: “With stocks and bonds trading close to all-time highs and traditional multi-asset funds often being correlated to equities in periods of market stress, we firmly believe the Symphony Fund will provide a much needed robust return stream that is uncorrelated to the broader financial markets, and resistant to individual political and economic events.”
