Fulcrum to launch two spin-out funds from Diversified Absolute Return strategy

The funds, which are two existing strategies within the firm's £943m Diversified Absolute Return portfolio, have been created to meet client demand. Fulcrum Equity Dispersion, which has been a strategy within DAR for the past three years, will be launched as a fund in its own right due to its strong performance during volatile periods - including during the mass market sell-off in March this year. Lyxor expands core ETF range with global government bond fund Managed by Stephen Crewe, the fund has long volatility exposure to large-cap global equities and "positive carry characterist...