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Laxman Pai, Opalesque Asia:

Mackenzie Investments has launched three new liquid alternative funds designed to manage the negative impact of market volatility and improve portfolio stability.

The investment firm with $134.6bn in assets under management as of January 31, 2019 said in a press note that the funds join the Mackenzie Multi-Strategy Absolute Return Fund to form a suite of alternative solutions that can be used to help clients solve investment challenges by amplifying returns, mitigating volatility and managing inflation risk over the long term.

The new, global-focused additions to Mackenzie's alternative mutual fund suite include: Mackenzie Credit Absolute Return Fund, Mackenzie Global Macro Fund and Mackenzie Global Long/Short Equity Alpha Fund.

The release quoted Michael Schnitman, Senior Vice-President, Product at Mackenzie Investments as saying: "We can now take a modern approach to portfolio construction that will create opportunities for stronger, better-diversified portfolios and outcomes for our investors."

"By using liquid alternatives' winning combination of more diversification and lower correlation to the markets, we can help provide investors with improved portfolio stability with less reliance on market direction," he added.

Liquid alternative investments are new tools for Canadian retail investors to enhance diversification.

The availability of liquid alternatives within a mutual fund structure provides greater ac......................

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