US investment management firm Neuberger Bremen has launched a new Absolute Return Multi-Strategy Fund (ARMS) that offers low market exposure to hedge fund strategies through an Ucits vehicle.
The new Ucits fund will offer daily dealing, no performance fees, a capped total expense ratio and control of assets through the exclusive use of managed accounts.
Go deeper with GlobalData
ARMS fund will be headed by the firm’s alternative investment management group and will be based on the US regulated version of the same strategy.
Fred Ingham, co-portfolio manager for the Neuberger Berman’s ARMS fund, said: "In the current environment of low bond yields and longer term inflation risk, as well as uncertain equity valuations, hedge funds can offer a particularly attractive alternative, with the ability to benefit from rising rates, as well as from increasing dispersion in global equity markets."
Dik van Lomwel, head of Neuberger Berman EMEA and LatAm, said: "We wanted to offer clients the opportunity to re-engage with hedge funds at an opportune time, but within a structure which directly tackles the historic drawbacks of cost, liquidity and transparency."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
