Axa to invest in equity markets

Axa Investment Managers has launched a market neutral hedge fund that aims to exploit statistical anomalies in the equity markets.

Axa Vectris II will invest in a portfolio of long and short large-cap stocks of major equity markets initially implementing the strategy in three distinct sub-portfolios ' the US, UK and France.

The fund, which is being marketed to high net worth individuals and family offices, as well as private banks, funds of hedge funds and institutions, is both currency and sector

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