Vancouver-based Connor, Clark & Lunn Financial Group Ltd. has expanded its offerings to Europe with the release of two funds focused on quantitative equity strategies, the company said in a statement Wednesday.
The CC&L Q Emerging Markets Equity UCITS Fund is an actively managed long-only equity strategy that seeks long-term capital growth against emerging market equity indices.
The CC&L Q Global Equity Market Neutral UCITS Fund is an actively managed long/short equity investment strategy designed to generate returns with low correlation to global equity markets and maximize total return over the long term.
The two new funds, managed by Connor, Clark & Lunn Investment Management Ltd., are sub-funds of Connor, Clark & Lunn UCITS ICAV, an Irish collective asset management company set up as an umbrella fund, with liability distributed between the sub-funds. In a statement, the company announced the launch of a shared vehicle.
UCITS, undertakings for collective investment in transferable securities, are the European Commission’s regulatory framework for the harmonized sale of mutual funds across Europe.
“We have been successfully managing quantitative equity strategies for over twenty years,” said Martin Gerber, president and CIO of CC&L Investment Management, in the release.
“The launch of UCITS funds for our emerging markets and market neutral strategies enables these strategies to be made available to European investors.”
