Mergers & Acquisitions / Joint Ventures

Standard Life Investments' GARS set for stateside debut

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Standard Life Investments has teamed up with Boston-based John Hancock Mutual Funds to make the Global Absolute Return Strategies Fund, which with $13 billion is the largest fund in the Absolute UCITS database, available to US-based retail investors.
 
The new version of the fund called the John Hancock Global Absolute Return Strategies Fund and has been  placed in the specialty fund category with SLI providing portfolio management services as sub-adviser.

The new fund will be offered both as a standalone member of the John Hancock family of retail funds, as well as  a component of its alternative asset allocation