Russell Investments launches multi-asset fund in Italy
Russell Investments has launched its Multi-Asset Conservative Strategy (Macs) in Italy.
The launch follows that of the Multi-Asset Growth Strategy (Mags) fund last year.
The Macs fund combines the multi-manager approach to the multi-asset one which aims to address the needs of investors seeking long-term returns but prefer to avoid a high exposure to equities due to their low volatility tolerance.
The fund targets long-term positive returns (3% above inflation) against the stock market, containing volatility within 5% and 8%.