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The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
Morgan Stanley Investment Management
Morgan Stanley Investment Management (MSIM) has just
announced the launch of the MS INVF Systematic Liquid Alpha
Fund.
The fund aims to provide investors with an attractive level
of total return while offering low correlation to traditional
asset classes. Managed by the MSIM hedge funds team, it uses a
diversified set of investment strategies across different asset
classes, including equity, fixed income, cash equivalents,
currencies and commodities, the firm said in a statement. The UK
and Luxembourg-registered fund targets market neutral
performance at an annualised volatility of 8 per cent over the
long term.
“By focusing outside of traditional asset classes, the fund
offers investors seeking portfolio diversification broad exposure
to market neutral factors in a liquid format,” Rob Lunn, head of
UK distribution at MSIM, said.
The fund will also be available in other markets in the coming
days/weeks, the firm, which has $1.5 trillion in assets under
management, added.