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Barclays’ Radar strategy now available on Nucleus

May 3, 2010 at 12:01 pm

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Barclays Capital Fund Solutions says its Research Analysis Driven Absolute Return strategy is now available on Nucleus.

The addition of Radar, a long short macro tactical asset allocation strategy, to the Nucleus wrap is part of an ongoing initiative to open up this fund to a wider market.

Radar, which was designed to exceed global equity returns in a bull market and also outperform tactical allocation funds during bear markets, recently celebrated its first anniversary with a return of 29.7 per cent net of fees having recorded ten positive months.

The strategy has USD105m under management. 

Nathan Bance, director in UK investor solutions, Barclays Capital, says: “After a spectacular first year we are now aiming to increase Radar’s exposure to a wider range of investors and the Nucleus wrap, with its membership of high quality advisers, gives us an excellent platform to do just that.”