LONDON (HedgeWorld.com)–Barclays Global Investors Ltd. launched its second market neutral fund, the European Equity Market Neutral Fund.
The new fund will use the same investment process used to manage its long-only European equity portfolio, which has beaten its benchmark by 2.84% over a recent five-year period. BGI’s first market neutral hedge fund, the BGI UK Equity Market Neutral Fund, was closed earlier this year with US$750 million in assets.