Multi-Strategy Target Return Strategy

Seeking resilient returns in a variety of market environments

In this unpredictable environment, building portfolios that are risk diversified, flexible and able to preserve capital through varying market conditions is more crucial than ever. Liquid alternatives can play a vital role in a broad portfolio as a diversifier.

The AIMS Target Return is multi-strategy and can offer investors resilient returns in a variety of market environments, with a focus on capital preservation through periods of equity market stress.

Absolute return

Targets annual return of five per cent over cash (European Central Bank base rate).¹

Managing volatility

Maintain fund volatility at less than half that of global equities.¹

Enhanced diversification

Lower sensitivity to equities and bonds.

¹Target for return and volatility is over a rolling three-year period. Outcomes and targets are not guaranteed and may not be achieved.

Find opportunities across all markets

The AIMS multi-strategy seeks to deliver returns by identifying investment ideas and opportunities across and within asset classes. Having managed this for over ten years, the team have been evolving and strengthening the process by harnessing high-conviction ideas, making effective use of quantitative tools and a disciplined approach to risk-taking.

Unconstrained approach

Multi-strategy approach utilising discretionary and systematic strategies.

Connected thinking

Firm-wide collaboration seeks to generate best-in-class ideas.

Robust portfolio construction

Focus on capturing alpha whilst preserving capital to generate absolute returns across market cycles.

Find out more about our multi-strategy capabilities

Investment insights

Investment thinking that brings together the collective insight of Aviva Investors’ teams from across the globe on the key themes influencing markets.

Views

The week in markets: 100 days of President Trump

2 May 2025

Risk assets bounced back this week following increased hopes of a further de-escalation in the trade war and a positive earnings cycle.

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House View

No one can predict the future. But our quarterly House View sets out the collective wisdom of our investment teams on the current state of global markets – and where they might be heading.

Key risks

Investment risk and currency risk

The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency and exchange rates. Investors may not get back the original amount invested.

Derivatives risk

Investments can be made in derivatives, which can be complex and highly volatile. Derivatives may not perform as expected, meaning significant losses may be incurred.

Illiquid securities risk

Some investments could be hard to value or to sell at a desired time, or at a price considered to be fair (especially in large quantities). As a result, their prices can be volatile.

Sustainability risk

The level of sustainability risk may fluctuate depending on which investment opportunities the Investment Manager identifies. This means that the fund is exposed to Sustainability Risk which may impact the value of investments over the long term.