Standard Life Investments has launched a new portfolio that aims to generate high returns irrespective of market conditions.
The global fund manager described its Global Focused Strategies as an absolute return portfolio which is available for institutional investors.
GFS targets a return of cash +7.5% per annum over rolling three-year periods.
Guy Stern, head of multi-asset and macro Investing, Standard Life Investments, said:

"GFS is an advanced fusion of our macro and micro capabilities, underpinned by our team-based approach and multi-asset risk and portfolio management expertise.
"It benefits directly from the experience and insights of our equity, fixed income, real estate and money market specialists.
{desktop}{/desktop}{mobile}{/mobile}
"Operating with broad investment freedom within rigorous risk controls, GFS invests actively within and between all major asset classes and across the corporate capital structure.
"It can also make extensive use of derivatives to implement positions and mitigate risk.
"This allows GFS to access an exceptionally diverse array of strategies, so it can generate positive returns irrespective of the economic environment."