FYI: Last year, American Beacon made its first foray into the world of liquid alternatives with the launch of the American Beacon AHL Managed Futures Strategy Fund (AHLAX). The fund returned an impressive 16.11% for the six months ending March 31, and accumulated $51.7 million in assets under management. Now, American Beacon is pushing further into the liquid alts space with plans to launch two new funds: The American Beacon Ionic Strategic Arbitrage Fund and the American Beacon Grosvenor Long/Short Fund.
Regards,
Ted
http://dailyalts.com/american-beacon-preps-two-new-alternative-mutual-funds/
