AQR Capital Management has rolled out its AQR Global Relative Value Ucits Fund on Bank of America Merrill Lynch’s Ucits platform, Hedge Funds Review reports. The product, which will follow arbitrage, equity and macro strategies, offers access to AQR’s global relative value investment style and will be managed by Ronen Israel.
The fund, which is the 10th to be launched on the Ucits-compliant Merrill Lynch Investment Solutions platform, is the first global relative value strategy on the platform. AQR will be the fund’s investment manager, while Merrill Lynch will be its sponsor, Société Générale Securities Services will be the administrator and Société Générale Bank and Trust Luxembourg will be the custodians.
Click here for the story from Hedge Funds Review.