Frank Russell adds new UK and US quant funds

UK- Frank Russell has added a further two funds to its multi manager range. The new US and UK quantitative funds are designed to complement the existing US and UK equity funds offered to European clients.

Frank Russell has appointed BGI, JP Morgan, Jacobs Levy and Franklin to run the US fund and BGI, Fidelity and AXA are to run the UK equivalent.

Each individual manager offers a variety of investment approaches and Frank Russell is convinced the funds offer a range of quant strategies not typically found in most UK and US mandates.

Both funds use stock selection models to find and exploit pricing anomalies across their respective markets. Managers are diversified across styles and sectors and aim for excess returns with a low tracking error.

“What they have in common is that the stock selection and portfolio construction is governed by a computer-based model,” says Scott Donald, director of product development at Frank Russell.

“These funds have clear diversification benefits for investors in the US and UK markets and an increasingly large number of investors recognise the value of using a quantitative approach to supplement their existing US or UK fund,” he says.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2488

    Asset class: Euro Investment Grade (Enhanced) Passive ESG Credits.
    Asset region: Europe.
    Size: EUR 500 to 600 million.
    Closing date: 2019-01-10.

  • DS-2497

    Closing date: 2019-01-09.

  • QN-2498

    Asset class: Fixed Income Investment Grade.
    Asset region: Global Developed Markets.
    Size: $50m.
    Closing date: 2019-01-07.

  • DS-2499

    Closing date: 2019-01-02.

  • DS-2500

    Closing date: 2019-01-10.

Begin Your Search Here