American Century Launches Long/Short Fund

Feb 3 2006 | 12:00am ET

American Century Investments has launched a mutual fund that will employ hedge fund strategies. The new absolute return fund will use a market neutral strategy and go long and short, said John Schniedwind, chief investment officer for American Century’s quantitative equity group.

“The equity markets are challenging, to say the least, and we believe by removing the long-only bias in stock selection, our mutual-fund firm can provide investors with transparency and daily liquidity, and, at the same time, offer new processes designed to benefit from volatile capital markets,” Schniedwind said.

The long-short equity fund is being managed out of the firm’s Northern California offices and is available only through financial intermediaries and will not be offered to retail customers.

“This fund may be an attractive diversification option for investors who are looking for a market neutral strategy to complement their existing holdings,” said Kurt Borgwardt, a senior portfolio manager for the fund. 


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

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...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

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