Navigator signed on the multi-manager Select Asset Management Alternatives Portfolio to the platform last week.

While the deal was agreed last Friday the Select fund will go live on Navigator by late September or early October, a Select spokesperson said. Select, which describes itself as an absolute return manager, launched the Alternatives Portfolio in April 2004 and allocates investments to three underlying fund managers: Gottex Funds Management; Aspect Capital Limited, and Baker Steel Capital Managers. The Select spokesperson said support for absolute return type products has been building over the last couple of years among dealer groups and financial planners. “We expect the Alternatives Portfolio to become one of our flagship products,” the Select spokesperson said. Navigator has several alternative products on its list, including hedge funds such as the Deutsche Strategic Value Fund and three HFA products. The Select Alternatives Portfolio also recently received recommended ratings from research houses Zenith and Lonsec.

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