The strategy invests in liquid equity, interest rate, foreign exchange and credit instruments.

AXA Investment Managers has launched a new multi-premia strategy with initial assets under management of $1 billion, managed by the firm's new investment team in Hong Kong.

The strategy takes a quantitative approach to gain exposure to a diversified set of premia strategies, which are sources of performance that can be harvested systematically, AXA IM says. 

“Through premia selection, continuous research and combination, the strategy deploys a liquid, diversified approach seeking to offer investors consistent risk-adjusted returns that are uncorrelated to traditional asset classes,” said AXA IM. 

The strategy invests in liquid equity, interest rate, foreign exchange and credit instruments. It is managed by the firm's new Hong Kong-based investment team, AXA IM Chorus.