{"id":2379,"date":"2004-02-19T00:00:00","date_gmt":"2004-02-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"invesco-launches-new-hedge-fund","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/02\/2004\/invesco-launches-new-hedge-fund.html","title":{"rendered":"Invesco Launches New Hedge Fund"},"content":{"rendered":"<p>WEST PALM BEACH, FL (HEDGECO,NET) &#8211; Invesco Asset Management has unveiled a new hedge fund, the new product, would be utilizing the Equity Market Neutral Strategy for trading purposes, according thereleased statement.<\/p>\n<p>  The new portfolio is being managed by the Invesco Global Structured Products Group (GSPG).The investment team is comprised of 56 professionals who would undertake the day to day management and  trading decisions, ranging from analytical research and portfolio construction to product management and investment technology, the released statement explained. The management teams are drawn from  hedge fund investment professionals would be based in Boston, New York, Frankfurt and London.<\/p>\n<p>  The new Invesco fund targets an annual return of 8%, managers would construct stock portfolio utilizing fundamental research in selecting securities to be included in the portfolio. The portfolio  managers would focus on US mid-cap and large companies, and would be implementing a risk controlled and cost effective trading philosophy.<\/p>\n<p>  Commenting on the new product, Brett Bastin, the head of product development for absolute return strategies for the Invesco Group said, \u00c3\u00af\u00c2\u00bf\u00c2\u00bdWhilst there has been a pick up in the equity market, many  investors recognize the convergence between traditional long-only investing and investing in absolute return strategies\u00c3\u00af\u00c2\u00bf\u00c2\u00bd. Bastin added, \u00c3\u00af\u00c2\u00bf\u00c2\u00bdLaunching a pure equity market neutral fund is well-timed to  meet demand from investors who seek the benefits of an absolute return strategy which offers low draw down and low correlation to traditional asset classes, or from investors who seek an alpha  which can be ported to the index or benchmark of their choice\u00c3\u00af\u00c2\u00bf\u00c2\u00bd.<\/p>\n<p>  Paul Oranika<br \/>  Editor-in-Chief<br \/>  HedgeCo.Net<br \/>  Email: Editor@hedgeco.net<\/p>\n<p>  HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WEST PALM BEACH, FL (HEDGECO,NET) &#8211; Invesco Asset Management has unveiled a new hedge fund, the new product, would be utilizing the Equity Market Neutral Strategy for trading purposes, according thereleased statement. The new portfolio is being managed by the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2379","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=2379"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2379\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=2379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=2379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=2379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}