Candriam Launches New Equity Market Neutral Fund
Candriam Investors Group, the pan-European multi-specialist asset manager, with €4 billion of AUM and owned by New York Life Investment Management, has announced the launch of a new Candriam Alternative Return Equity Market Neutral Fund. As an equity market neutral fund, the investment process relies on strategies taking long and short positions on worldwide equity indices and their constituents while keeping a net equity exposure of less than 25%.
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