io launches low volatility fund

io investors has launched a low volatility fund of hedge funds.

There are 11 funds in the portfolio focusing on funds that use three investment strategies including convertible bond arbitrage, event-driven arbitrage and merger arbitrage.

Individual hedge fund managers are selected using an in-depth and proprietary due diligence process analysing facets of each hedge fund, including the business and infrastructure of each manager.

Overall risk is lowered through diversification across manager