-Barclays announces launch of Manager Access indices.
Global Banking News - 26 October 2011
Barclays Plc (LSE: BARC) has announced that it has launched Manager Access indices, a family of indices that claims to provide liquid exposure to specific hedge fund strategy returns.
Csaba Koppany, director in Equity and Funds Structured markets (EFS) at Barclays Capital said, 'Managed accounts are not a new concept but they have become an increasingly popular way to address investor concern surrounding liquidity, transparency and control of assets. The aim of the Barclays Manager Access Indices is to use that format to provide investors with liquid access to hedge fund strategy specific returns in a more straightforward and diversified manner.'
[Editorial queries for this story should be sent to firstname.lastname@example.org]
((Distributed via M2 Communications - http://www.m2.com))