Specialized Ucits investment management business, Next Generation Absolute Return, will launch five new Ucits funds, Hedge Week reports. The Next Generation Absolute Return-Secquaero ILS Fund will have ACATIS Investment as its investment manager, while the Next Generation Absolute Return-Fort Contrarian Fund will be managed by Fort.

The Next Generation Absolute Return-FS Global Absolute Return Fund, the Next Generation Absolute Return-FS Global Macro Fund and the Next Generation Absolute Return-ACATIS UCITS Fund will also be managed by ACATIS. The Next Generation Absolute Return business is operated by Decision Analytics Advisory Partners.

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