MJ Hudson strikes partnership with Kaleidoscope Capital

Management consulting company MJ Hudson has struck a new partnership with Kaleidoscope Capital as part of an effort to enhance liquid alternative strategies and hedge funds coverage.

The deal, inked on Monday, came as a result of Kaleidoscope seeing "significant renewed interest" from investors to allocate into liquid alternative investments and absolute return strategies in the current low yield investment environment.

Kaleidoscope also noted that partnering with MJ Hudson allowed it to focus 100% of its time "where it really counts" for clients - finding and qualifying "the very best managers and investment solutions" in liquid alternatives.

Will Roxburgh, managing director of MJ Hudson's Fund Management Solutions team, said "Working with Davide and his team allows us to add more firepower and provide even deeper coverage of less well-established managers - expanding the services we can offer to clients"

As of 1055 BST, MJ Hudson shares were up 2.0% at 51.0p.