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Wellington Expands Alternatives Push With Market-Neutral Equity Fund


Wellington Management has launched the Wellington Absolute Return Global Equity Fund, a market-neutral, multi-manager UCITS strategy designed to generate returns above cash while remaining independent of broader market direction.

The daily-dealing fund is positioned as a liquid alternative solution, seeking to complement traditional portfolios by enhancing diversification and resilience across market cycles. Co-managed by Steve Gorman, Co-Head of Multi-Asset Portfolio Management, and Portfolio Manager Veenu Ramchandani, the strategy targets returns exceeding the ICE Bank of America 3-Month U.S. Treasury Bill Index.

The fund allocates across a diversified set of internally managed equity strategies, with tailored hedging applied to each allocation. At the portfolio level, Wellington maintains strict risk parameters to limit exposure to overall market and factor risks, aiming to isolate stock-specific alpha from opportunity-rich segments.

The UCITS vehicle builds on an existing strategy launched in 2022, which has grown to approximately $1.4 billion in assets under management. The approach is designed to produce a return profile with low sensitivity to both equity and fixed income markets.

“Traditional diversification alone is often no longer enough for today’s investors,” said Scott Geary, Vice Chair and Head of Global Wealth at Wellington Management. “That’s why advisers are increasingly partnering with managers who can bring innovative solutions to the market to help deliver more resilient, outcome-oriented portfolios.”

Wellington, which manages more than $1.3 trillion as of December 31, 2025, continues to expand its alternatives platform.

The post Wellington Expands Alternatives Push With Market-Neutral Equity Fund appeared first on Connect Money.



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