Touchstone Offers Merger Arb. Mutual Fund

Aug 26 2011 | 9:48am ET

Touchstone Investments has launched a merger arbitrage mutual fund, managed by Longfellow Investment Management.

"Volatile equity markets and an uncertain interest rate path have prompted many investors to embrace alternative sources of investment returns.  The Touchstone Merger Arbitrage Fund represents one such alternative for investors seeking low-correlated returns to traditional stocks and bonds," Steven Graziano, president of Touchstone Investments, said.  "We are pleased to offer Longfellow's merger arbitrage investment expertise as a mutual fund."

Longfellow already serves as sub-adviser to Touchstone's Short Duration Fixed Income Fund.

Cincinnati-based Touchstone said the merger arbitrage vehicle will be offered in several share classes. It will be managed by Longellow's Barbara McKenna, David Seeley, Alexander Graham and Andrew Shafter.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR