American Beacon Advisors has launched the American Beacon AHL Managed Futures Strategy Fund which is available to both institutional (AHLIX) and retail investors (AHLAX).
The American Beacon AHL Managed Futures Strategy Fund seeks to achieve its investment objective by implementing a quantitative trading strategy that is designed to capitalise 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 per cent 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 specialised products and investment professionals to the marketplace."
The fund's sub-advisor, AHL Partners, is a wholly owned subsidiary of Man Group. Man provides AHL with centralised product structuring, distribution, client service and operational support.
"We are excited to be partnering with American Beacon to expand our offering for US investors in the 40 Act space,” says 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 US combined with AHL's capabilities and experience in trend following strategies, presents an attractive offering for investors."