RWC Partners has unveiled a new absolute return bond/credit fund, Investment Week reports. The RWC Enhanced Absolute Rate & Currency (ARC) fund, which has already received $40 million in commitments, will start trading in February 2011.
The new Ucits III fund will be managed by FrosPeter Allwright and Stuart t, who had previously worked at Threadneedle. The Enhanced ARC fund will offer retail and institutional share classes in euros, sterling and U.S. dollars.
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