Aberdeen Investments has launched a strategy intended to help investors diversify portfolios and navigate increasingly complex market conditions.

The strategy is starting with $110m in assets under management and is led by Maximilien Macmillan, head of macro investments, multi-asset. It invests across a range of global opportunities, actively adjusting positions as economic and market conditions change.

Its diversified approach aims to provide resilience in challenging markets while capturing emerging opportunities.

Macmillan said: “Investors are operating in a market environment shaped by persistent inflation uncertainty, evolving monetary policy and heightened geopolitical risk. These forces are creating a broader range of outcomes across asset classes and increasing the importance of macroeconomic trends in driving investment returns.”

The strategy is seeded through allocations from Aberdeen’s own multi-asset mandates. While in pooled fund form it will initially be exclusively available to Aberdeen’s own funds. Share classes will become available to external investors as the track record develops.

The Macro Opportunities Strategy is a daily dealing, Luxembourg domiciled investment vehicle, which allows for access by institutional investors across a number of countries.

Aberdeen said that it is seeing increasing discretionary interest in its macro investment capabilities, managed by the same team and drawing on the same underlying research and investment philosophy.  It said that $500m has just been funded to the broader capability as a bespoke mandate in the coming weeks by an Asian Sovereign Wealth Fund client. The time horizons and risk management framework may differ, but the rationale for the allocation is consistent.

Macmillan said: “Investors are operating in a market environment shaped by persistent inflation uncertainty, evolving monetary policy and heightened geopolitical risk. These forces are creating a broader range of outcomes across asset classes and increasing the importance of macroeconomic trends in driving investment returns.”

John McCareins, chief client officer, Aberdeen Investments, commented: “Clients are increasingly focused on outcomes and are seeking investment solutions that can help meet a range of objectives across different market environments. As economic and market cycles become more complex, investors are looking for alternative approaches that can complement traditional asset allocations and access a broader opportunity set.”