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PSigma To Unveil Global Equity Fund
PSigma is rolling out a global equity fund that will employ a GDP-focused benchmark.
PSigmais rolling out a global equity fund that will employ a GDP-focused benchmark,Money Marketingreports. The new vehicle, which is scheduled to launch on June 17, 2011, will invest 80% in growth stocks, which are low dividend payers, and 20% in stocks that return higher levels of income to shareholders.
The fund will be managed by PSigma’s New York equity strategic partnerCentre Asset ManagementwithJames AbateandJing Sunas fund managers. The fund has secured £20 million as seed money from an institutional investor.
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