Global asset management company Schroders is rolling out an onshore U.S. Equity Alpha fund on December 15, Investment Week reports. The fund will be run by Schroders’ head of US large cap equities Joanna Shatney who has managed a Luxembourg-domiciled version of the vehicle since December 2010.
The vehicle will allocate to approximately 20-30 companies with a market cap in excess of $1 billion. The fund’s cash levels can go up to 15 percent.
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