Russell Investments launches new yield opportunities pool
- Access to alternative assets and strategies utilized by large pension plans
- Designed to provide sustainable income to address increased longevity
- Takes advantage of new liquid alternatives regulations for retail investors
Toronto, April 1, 2019 — Russell Investments Canada Limited (Russell Investments Canada) announced the launch of Russell Investments Yield Opportunities Pool, which is designed to provide sustainable income through access to a group of select money managers with specific expertise in income-producing investments.
Russell Investments Yield Opportunities Pool (the “Pool”) provides investors with exposure to alternative asset classes and strategies that can provide the potential for greater diversification, downside protection and additional sources of income.
The Pool also aims to take advantage of portfolio management techniques – such as short-selling and leverage – which have traditionally been utilized by large institutional investors. These are now available to alternative mutual funds under an amendment to securities regulation (National Instrument 81-102 Investment Funds) that came into effect at the start of 2019.
“Many investors who are approaching, or are in retirement, are looking for sustainable income sources,” says Darren Spencer, client portfolio manager, Alternative Investments for Russell Investments. “However, investors face greater challenges now. Given equity market volatility, low fixed income yields and increased longevity, it becomes clear Canadian investors need their income to last longer, with investments that can continue to grow over time”.
Russell Investments Yield Opportunities Pool will principally invest in a broad range of income-producing equity, real asset and fixed-income securities. By utilizing a multi-strategy approach that incorporates alternative investment asset classes and techniques, it can help mitigate risk and generate incremental returns. Russell Investments Canada has carefully selected from among the world’s leading investment managers to help manage the Pool.
The Pool is designed to seek growth in a wide variety of economic and market environments while managing risk and offering the potential for sustainable yield. It targets a yield of 4-6%.
Russell Investments Canada is part of the global investment firm Russell Investments, which has a long history of investing in alternatives over a number of market cycles and currently has C$24.8 billion in alternative assets under management (as of December 31, 2018).
About Russell Investments Canada Limited
Russell Investments Canada Limited is a wholly owned subsidiary of Russell Investments Group, Ltd. Established in 1985, Russell Investments Canada Limited has its head office in Toronto.
About Russell Investments
With more than 80 years of experience, Russell Investments is a global investment solutions provider, dedicated to helping investors reach their long-term goals. Russell Investments offers investment solutions in 31 countries, manages C$356.7 billion in assets (as of December 31, 2018) and provides consulting services on $2.4 trillion in assets (as of June 30, 2018). Russell Investments specializes in multi-asset solutions and investment and implementation services with a goal of delivering the best investment strategies, managers and asset classes to its clients around the world.
Headquartered in Seattle, Washington, Russell Investments operates globally with 21 offices, providing investment services in the world’s major financial centers such as New York, London, Tokyo and Shanghai. For more information about how Russell Investments helps to improve financial security for people, visit russellinvestments.com.
Steve Claiborne, 206-505-1858, email@example.com