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Boston Partners global long/short fund changes platform, gets new early-bird share class

Monday, June 24, 2024
Opalesque Industry Update - Boston Partners, a provider of value equity investment products with $103.1bn in assets under management, has transferred its Boston Partners Global Long/Short Fund to the FundRock trading platform. This strategic move, effective June 4, 2024, will also see the Fund transition from a SICAV to an ICAV structure.

This value-oriented, fundamental research-driven strategy seeks to capture long-term capital growth while minimizing overall market risk and is consistent with a global all-cap mandate. The Fund takes long positions in undervalued equities and short positions in overvalued stocks, offering investors a diversified approach to the global market with reduced exposure to general market risk.

With the transfer to the FundRock platform, Boston Partners will continue to offer the Fund in institutional and retail share classes, as well as a new early-bird share class ("Class E") with reduced fees. The "E" share class offers a reduced investment management fee and no performance fee during a limited window.

The Global Long/Short Strategy is led by seasoned Portfolio Managers Joshua Jones, CFA, and Christopher Hart, CFA. Mr. Jones, who began as an analyst with Boston Partners' global/international strategies, has been a portfolio manager alongside Mr. Hart since 2013, and focuses on the international and long/short strategies. While the team members each have their own distinct areas of responsibility, they collaborate closely at every step of the investment process and draw extensively on one another's research and analysis.

"We are excited about this transition to the FundRock platform," said Jones. "This move streamlines investors' ability to access the Fund and utilize our time-tested approach for finding global long and short opportunities across a vast 12,000-company universe."

The Boston Partners Global Long/Short Strategy leverages the firm's 26 years of experience managing long/short hedging in fund vehicles and $1.2bn in long/short strategy AuM.

The Fund's transition to an Ireland-registered ICAV offers increased flexibility and efficiency within the Alternative UCITS regulatory framework. The Fund is available in institutional or retail share classes, denominated in USD, EUR, GBP, or CHF.


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