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Laxman Pai, Opalesque Asia: American Beacon Advisors has announced the launch of the American Beacon AHL TargetRisk Fund, a newly organized mutual fund based on the existing Man AHL TargetRisk multi-asset program.
A press note from American Beacon, a provider of investment advisory services to institutional and retail markets, said that the Fund's shares became available on December 31, 2018: Institutional Class (AHTIX), Investor Class (AHTPX) and Y Class (AHTYX).
The American Beacon AHL TargetRisk Fund aims to provide capital growth with a balanced, long-only approach, active risk management, and diversification across a broad range of markets.
According to the release, its proprietary quantitative approach seeks to provide an excess return with a stable level of volatility regardless of market conditions. The Fund allocates its assets across equities, bonds, interest rates, corporate credit, and commodities, investing primarily in derivatives vehicles.
The Fund's sub-advisor is the London-based AHL Partners, a wholly owned subsidiary of Man Group, a global active investment management firm and one of the largest publicly listed global hedge fund providers.
Gene Needles, American Beacon's chairman and chief executive officer, said: "We believe the launch of this strategy as a U.S. '40 Act vehicle is timely. By design, this Fund is adaptive and capable of dynamically maneuvering through various market environments, potentially making it an attractiv...................... To view our full article Click here
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