Hedge Funds

BGI to open multi-strat product to investors


Barclays Global Investors is getting ready to offer investors a chance to diversify across the firm's hedge fund strategies with the launch of a new multi-strategy fund. The new fund, which will launch this month, will allocate across a range of BGI hedge fund strategies and is primarily aimed at institutional investors. BGI sees an opportunity to provide investors such as pension plans with a hedge fund alternative that already has a proven track record with the firm's hedge funds.

The new fund will allocate to equity market neutral, global macro, credit long/short and industry sector rotation strategies.