Ibbotson vehicle included in raft of 130/30 products

A further raft of 130/30 funds have come to the market, including a vehicle from financial academic ...

A further raft of 130/30 funds have come to the market, including a vehicle from financial academic Roger Ibbotson and several launches by Axa Rosenberg. The Liquidity Arbitrage 130/30 offering comes from Ibbotson, CIO of Zebra Capital Management, and is set to launch next month. This global fund will use the concept of illiquidity as an investment style and aims to outperform the MSCI World Index. The vehicle will have 1,200 holdings, effectively shorting the most liquid stocks and going long in the least liquid. Ibbotson said this strategy outperformed the MSCI World on a back tes...