American Beacon Advisors has launched the American Beacon AHL Managed Futures Strategy Fund.
The Fund became effective August 19.
The American Beacon AHL Managed Futures Strategy Fund seeks to achieve its investment objective by implementing a quantitative trading strategy that is designed to capitalize on price trends (up and/or down) in a broad range of global stock index, bond, currency, short-term interest rate and commodity futures markets.
The Fund’s investment decisions are 100 percent systematic and will use multiple systems that employ both technical and fundamental data to determine positions in the portfolio.
"We are excited to bring the investment excellence of AHL and their established track record to our clients," said Gene L. Needles, American Beacon President and Chief Executive Officer.
"This partnership is another example of our diligent efforts to bring specialized products and investment professionals to the marketplace."
The Fund’s sub-advisor, AHL Partners LLP ("AHL") is a wholly owned subsidiary of Man Group plc ("Man"), one of the largest publicly listed global hedge fund providers. Globally, Man boasts more than 300 dedicated investment professionals including the Oxford-Man Institute of Quantitative Finance (OMI) at the University of Oxford.
Man provides AHL with centralized product structuring, distribution, client service and operational support. This allows AHL to focus on research and trading model development. Man has $57.7 billion in assets under management as of June 30, 2014 while AHL has $12.1 billion in assets under management as of June 30, 2014.
"We are excited to be partnering with American Beacon to expand our offering for U.S. investors in the 40 Act space, "said Eric Burl, Chief Operating Officer of Man Group in North America.
"American Beacon’s impressive asset management platform and their breadth of distribution in the United States combined with AHL’s capabilities and experience in trend following strategies, presents an attractive offering for investors."