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

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note