GLOBAL - Janus Capital Group, a subsidiary of INTECH, announced the launch of a global core equity capability for institutional investors, applicable to non-US markets.
The INTECH global core equity strategy uses a universe of global securities benchmarked to the MSCI World Index. The strategy will target an annualised average gross return over the long term of between 2.50% and 3% above its benchmark.
According to Janus Capital Group, the offering was developed in response to strong institutional demand for an active risk managed global equity capability to compliment INTECH’s US equity strategy range.
A pilot global core equity portfolio was funded with seed capital in December 2004 and since its inception it has, as of the December 2005, produced a gross return of 15.74%, 4.64% above the MSCI World Index.
“We have added the capability after two years of research that showed INTECH’s long-established investment process for US equities is equally applicable to non-US markets,” said Dr. Robert Fernholz, CIO of INTECH.
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