You are here

AllianceBernstein to launch fund of funds with daily liquidity

Saturday, March 28, 2015 - 05:50
BT_20150328_GCALLIANCE_1586761.jpg
NOVEL STRATEGY: Mr Kaul says the fund is likely to be pitched at the high net worth market, which is shaping up to be an important one for the firm.

Singapore

US-based AllianceBernstein is looking into launching its liquid alternatives strategy here later this year.

This is a hedge fund of funds with daily liquidity, says AllianceBernstein chief executive and head of Asia-Pacific ex-Japan client group Ajai Kaul. The strategy