© Reuters.

U.K.-based financial advisory firm deVere Group, which says it has over $10 billion under advice and management, has launched an actively managed cryptocurrency fund.

Announced in a press release Thursday, the new investment offering, called deVere Digital Asset Funds, is being launched in partnership with Dubai-based hedge fund manager Dalma Capital Management.

The fund will provide investors with a diversified exposure to digital currencies, but aims to reduce the volatility “for which the market is known,” deVere states.

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DeVere Group Targets Arbitrage With New Crypto Fund By CoinDesk