Russell Investments is to launch a Global Defensive Equity Fund.
The portfolio it will be a high conviction fund of actively managed strategies, Russell says, based on its inhouse proprietary research into low volatility anddefensive investing.
Russell’s global team says it has identified three distinct strategies within the defensive space that have significant excess return potential: managed volatility, absolute value and yield oriented.
Phil Hoffman, portfolio manager, says: “Taking an active approach rather than opting for index replication strategies allows investors access to a wider variety of defensive strategies as well avoiding obvious areas of overvaluation within the low beta segments of the market.”
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