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DAILYALTS: Federated Launches New Fund, Expands Alternatives Division
FYI: On December 17, Federated announced it was putting the Federated Prudent Bear Fund under its alternatives/managed-risk product umbrella, expanding that fast-growing division. Federated’s alternative and managed-risk products, which are overseen by Michael Dieschbourg, include managed volatility, absolute return, and managed-tail risk strategies, in addition to the recent arrival of the Prudent Bear Fund. Regards, Ted http://dailyalts.com/federated-launches-new-fund-expands-alternatives-division/