Russell launches hedge FOF

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Multi-manager specialist Frank Russell has launched a multi-manager hedge fund portfolio, diversifie...

Multi-manager specialist Frank Russell has launched a multi-manager hedge fund portfolio, diversified across a range of strategies, looking to achieve relatively low volatility and non-correlated returns writes Robert Maharajh. Russell's analysts in the US have been covering the alternative investment industry since 1986 and started its first alternative investment multi-manager programme in 1987. It currently has over e3bn in a number of alternative investment funds. The new OEIC vehicle will be Dublin domiciled and listed. It will have a conservative risk/return profile, aimin...

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