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Bridgeway Capital Management launches fund

Wednesday, October 23, 2024
Opalesque Industry Update - Bridgeway Capital Management, an investment firm focused on stewardship and long-term, disciplined, processes grounded in academic theory and fundamental insights, is pleased to announce the launch of Bridgeway Global Opportunities Fund (BRGOX). The fund is available to trade today on the Schwab and Fidelity platforms.

Based on Bridgeway's extensive research including, three peer-reviewed articles on Intangible Capital Intensity, the Fund seeks to consistently deliver strong returns regardless of stock market direction. The Fund is a systematic global absolute-return strategy that employs a long/short approach and maintains low net exposure to countries, sectors and certain other undesirable exposures. BRGOX is being offered as a traditional mutual fund with an asset cap of $150 million. Once reached, the adviser intends to offer the strategy to new investors only through a hedge fund ("long-short") investment vehicle or similar structure, and at a higher fee.

"We are confident that Bridgeway Global Opportunities Fund will be a valuable addition for risk-aware investors seeking to build resilient, diversified portfolios with reduced exposure to systematic risks," said John Montgomery, Founder and CEO at Bridgeway Capital Management. "The Global Opportunities strategy structurally benefits from Bridgeway's experience over three decades in managing capacity constrained funds, plus our nimbleness in the market relative to much larger competitors."

"The launch of Bridgeway Global Opportunities Fund reflects our commitment to providing investors with innovative solutions in this evolving market environment," said Jacob Pozharny, Co-CIO and Portfolio Manager for the Fund. "Traditionally, only high-net-worth and institutional investors have had access to hedge fund like strategies. This fund is designed to be agnostic with respect to the stock market direction and intended to address increasing correlation across global markets by aiming to deliver attractive and consistent risk-adjusted returns through a blend of diversification and reduced volatility.

For a comprehensive overview of the Bridgeway Global Opportunities investment approach, please review the firm's Measuring Intangible Capital Intensity: A Global Analysis under the Perspectives Page of our website.

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