Nicholas-Applegate Capital Management has launched three 130/30 strategies for institutional investors.
The asset management firm – a subsidiary of Allianz Global Investors – said the funds had been launched in response to growing scheme demand for alpha-extension investments.
The funds include a systematic large cap US 130/30 fund and a systematic small-mid cap US 130/30 fund – which are both quantitatively driven – and a global equity 130/30 fund, which incorporates a traditional, bottom-up approach to selecting investments.
NACM chief executive officer Marna Whittington said: "We have a proven track record of selecting investment strategies which exhibit positive change, sustainability and timeliness. We believe 130/30 investing will become an integral part of institutional investors’ portfolios in the years ahead."
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