Threadneedle launches 130/30 Global Extended Alpha fund

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Threadneedle has added to its Extended Alpha range with the launch of a 130/30 style Global Extended Alpha fund.

The fund will be headed up by global equities fund manager Andrew Holliman (lead manager of the Global Equity fund and deputy on Global Crescendo) and benchmarked against the MSCI All Countries World Index. Threadneedle says the new addition of ‘130/30 style strategies’ to the range is an extension of its higher alpha, long-only capability which is characterized by a fundamental stock-picking approach. The strategy allows customers to benefit from all investment insights, both positive and negative, now permitted under the UCITS III Directive. While the fund is a traditional long-only...

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