Algonquin Launches Debt Strategies Fund
Algonquin Capital Corporation has launched a debt strategies fund. The fund offers investors access to fixed income strategies designed to overcome the challenges of today’s markets. “The current interest rate environment poses significant obstacles for traditional fixed income products,” says Brian D’Costa, president of Algonquin Capital. “We believe the low level of interest rates will make it difficult to generate adequate returns, while an increase in rates could lead to material losses. Our fund aims to provide investors with an opportunity to profit from both rising and falling interest rate environments.” The fund’s objective is to generate absolute returns with a low correlation to both interest rates and equity markets. It seeks to achieve this by separating fixed income instruments into their two main components ? interest rate and credit return ? and actively managing each independently.