Products August 3, 2009
Firms Launch Absolute Return Fund
Natixis Global Associates (NGA) has launched a multi-strategy, absolute-return fund in conjunction with AlphaSimplex Group (ASG): Natixis ASG Diversifying Strategies Fund (DSFAX).
Reported by Fred Schneyer
A news release said the fund follows a risk-managed absolute-return strategy and is managed by Andrew W. Lo. The fund is designed to provide absolute returns with diversification benefits, while also offering daily liquidity, transparency, and volatility controls.
“The largest source of risk in many investors’ portfolios is equity market risk,” said Lo. “We designed this fund to answer a broad-based need for portfolio diversification with low to negative long-run correlation to the major equity markets within a liquid and transparent mutual fund vehicle.”
More information is available at www.ga.natixis.com.
You Might Also Like:
Victory to Acquire Amundi’s $104B U.S. Division
The Paris-based asset manager Amundi will cede its U.S. business to Victory in exchange for a 26.1% stake in the...
401(k) World: DCIO Managers Adjust to Fee Pressures
The fourth story in this PLANADVISER In-Depth series considers how the rise of CITs and passive options have changed retirement...
BlackRock Heightens DC-Adviser Focus
Firm announces new resource center, and leader, to work across DC plan and financial advisement.