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Russell launches new funds
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Russell Investments is urging clients to consider increasing their exposure to liquid alternatives.
The company said that with the aim of enhancing investor diversification and protection against inflation, it had rotated its flagship multi-asset portfolio, Russell Pooled Superannuation Trust — Balanced Opportunities Unit, into three new alternative asset sector funds.
It said the rotation had increased balanced opportunities’ alternative strategies exposure by 7 per cent in the past three months.
Commenting on the move, Russell Portfolio Manager Andrew Sneddon said the company had taken a “right strategy, right time” approach to alternatives.
The company said to allow investors to implement alternative strategies it had launched three new sector funds with an alternatives focus: the Russell Commodities Fund, the Russell Global Listed Infrastructure Fund and the Global Strategic Yield Fund.
AUTHOR
Mike Taylor
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