Bringing you live news and features since 2006 


ABS Investment Management launches global equity long/short 1099 RIC product


ABS Investment Management, an alternative investment management firm specialising in global equity long/short solutions with USD5 billion in assets under management, has launched the ABS Long/Short Strategies Fund.  

The Fund is registered under the Investment Company Act of 1940 as a closed-end, non-diversified, management investment company (1099 RIC) and is a conversion from a predecessor global equity long/short product and comes with a five-year track record. This fund is available to US accredited investors and has an initial minimum investment of USD25,000.

"This new product structure will allow ABS to reach a broader client base due to its lower minimum investment threshold and 1099 tax reporting, while continuing to focus on finding whom we believe are the most talented managers in the equity long/short space," says Laurence Russian, founder and portfolio manager. The objective of the ABS Long/Short Strategies Fund is to seek capital appreciation over a full market cycle while seeking to maintain a lower level of volatility when compared to the global equity markets' risk and volatility. 

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by