Fund targets institutional investors, endowments and foundations seeking access to a diverse portfolio of alternative assets
TORONTO, July 27, 2015 /CNW/ - Morneau Shepell Asset & Risk Management Ltd., a wholly owned subsidiary of Morneau Shepell, is pleased to announce the launch of Morneau Shepell Opportunistic Fund L.P. – a fund dedicated to institutional investors, endowments and foundations seeking access to a diverse portfolio of alternative assets.
The fund will identify and invest in niche opportunities in diverse asset classes such as equity real estate and infrastructure, opportunistic credit, and private equity strategies.
"By providing a wider spectrum and higher expected returns than traditional core alternatives, Morneau Shepell Asset & Risk Management's Opportunistic Fund will give smaller scale investors access to a unique and diverse choice of investments," said Rob Boston, Partner with Morneau Shepell Asset & Risk Management.
"The Fund is an opportunity for endowments and foundations to diversify their portfolios with alternative asset classes on the heels of some important regulatory changes. To our knowledge, this is the only fund of its kind in Canada."
Recently, Canada Revenue Agency modified a regulation to allow endowments and foundations to now participate in the legal structure necessary to take part in this type of investment.
For information on Morneau Shepell Asset & Risk Management Ltd. please visit – http://www.morneaushepell.com/arm.
About Morneau Shepell Asset & Risk Management Ltd.
Established in 2012, Morneau Shepell Asset & Risk Management Ltd. was launched as an extension of Morneau Shepell's asset and risk services department to help achieve targeted investment outcomes for clients and provide investors with a new investment approach and asset allocation. By pioneering the outcome-oriented style of investing, Morneau Shepell Asset & Risk Management Ltd. assists clients by emphasizing downside protection, reduced volatility, and controlled risk.
About Morneau Shepell Inc.
Morneau Shepell is the largest company in Canada offering human resources consulting and outsourcing services. The Company is the leading provider of employee and family assistance programs, as well as the largest administrator of retirement and benefits plans and the largest provider of integrated absence management solutions in Canada. Through health and productivity, administrative, and retirement solutions, Morneau Shepell helps clients reduce costs, increase employee productivity and improve their competitive position. Established in 1966, Morneau Shepell serves approximately 20,000 clients, ranging from small businesses to some of the largest corporations and associations in North America. With almost 4,000 employees in offices across North America, Morneau Shepell provides services to organizations across Canada, in the United States, and around the globe. Morneau Shepell is a publicly-traded company on the Toronto Stock Exchange (TSX: MSI). For more information, visit morneaushepell.com.
The Morneau Shepell Opportunistic Fund L.P. s is not guaranteed, its value fluctuates frequently and its past performance is not indicative of its future returns. Commissions, trailing commissions, management fees and expenses all may be associated with an investment in the Morneau Shepell Opportunistic Fund L.P.
SOURCE Morneau Shepell Inc.
For further information: Nathan Gibson, Manager, Corporate Communications, Morneau Shepell, 416-390-2641, [email protected]