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AllianceBernstein to launch fund of funds with daily liquidity

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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...

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