iA Clarington introduces Global Multi-Asset Fundpar The IJ Staff | June 04 2018 11:30AM
IA Clarington Investments announced June 1 that the IA Clarington Global Growth & Income Fund has been renamed IA Clarington Global Multi-Asset Fund and is now sub-advised by PineBridge Investments LLC.
iA Clarington says that using an outcome-focused, target return approach, the fund aims to generate an annualized return of CPI plus 5 per cent over rolling five-year periods.
Leveraging full range of geographic regions
"We believe the Fund can be an excellent option for the growing number of investors who are looking to leverage the full range of geographic regions and asset classes in today's increasingly complex market environment," said Michael J. Kelly, Global Head of Multi-Asset at PineBridge.