United States:
T. Rowe Price Unveils Multi-Strategy Total Return Fund
16 March 2018
Kramer Levin Naftalis & Frankel LLP
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T. Rowe Price Group launched the T. Rowe Price Multi-Strategy
Total Return Fund, which combines six internally managed liquid
alternative strategies in a single multi-strategy approach designed
to diversify clients' risk by offering returns with a low
correlation to the equity and fixed income markets. The firm says
the absolute return fund also aims to "provide capital
preservation and consistent returns over time, which can be
especially beneficial during periods of heightened market
volatility" using long and short positions across several
asset classes.
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