FYI: Market neutral strategies are looking increasingly attractive, as both the stock and bond markets hover near all-time highs. These strategies, which are packaged in a variety of alternative mutual funds, as well as hedge funds, establish long positions in securities they expect to outperform, and short positions on those they expect to underperform, thereby targeting positive returns largely immunized from the movements of the market. One such new fund, Westwood Market Neutral Income Fund, launched on May 1.
Regards,
Ted
http://dailyalts.com/westwood-launches-market-neutral-income-fund/Westwood Funds Website:
http://www.westwoodfunds.com/pdf/WMNUX-Summary.pdf
