Press Releases, Articles & Announcements
Connor Clark & Lunn Funds Inc. introduces two alternative strategies in liquid alt fund form
March 28, 2023
Connor, Clark & Lunn Funds Inc. (CC&L Funds) is excited to announce two absolute-return oriented portfolios in liquid alternative fund form, CC&L Global Market Neutral II Fund and CC&L Global Long Short Fund (the Funds).
CC&L Global Market Neutral II Fund seeks to earn a positive and attractive risk-adjusted return over the long term while demonstrating low correlation with, and lower volatility than, traditional equity markets. Risk rating: Low to Medium.
CC&L Global Long Short Fund seeks to provide long-term capital appreciation and attractive risk-adjusted returns by actively investing in a portfolio of long and short securities. Risk rating: Medium.
To manage the Funds, CC&L Funds has retained Vancouver-based Connor, Clark & Lunn Investment Management Ltd. (CC&L Investment Management), one of Canada’s largest privately-owned asset management firms, with close to 20 years of experience in managing alternative investment strategies for institutional investors.
“We have been told by our client base that they want access to institutional-caliber alternative investments, managed by a team with a demonstrated track record of success, in the convenience of a liquid alternative fund. By introducing these two new portfolios, we are meeting those objectives and providing investment advisors and their clients with two attractive risk & return profiles to choose from,” said Tim Elliott, President and CEO of CC&L Funds.
“We are excited that these alternative investment solutions are being made available to a broader group of individual Canadian investors. As we have transitioned into an environment with structurally higher interest rates and inflation, we expect market cycles to be shorter, volatility to be higher, and returns from conventional risk assets to be lower. In such an environment, we believe it will become more important for investors to incorporate sources of return that are independent of stock and bond markets to enhance portfolio outcomes,” said Martin Gerber, President and Chief Investment Officer at CC&L Investment Management.
Both CC&L Funds and CC&L Investment Management are affiliates of Connor, Clark and Lunn Financial Group (CC&L), whose multi-affiliate structure brings together the talents of diverse investment teams that offer a broad range of traditional and alternative investment solutions. CC&L is one of Canada’s largest independently owned asset managers, responsible for over $104 billion in assets on behalf of institutional and individual investors.
About the funds
Available in A and F Series, the Funds conform with the regulatory framework related to alternative mutual funds offered by Simplified Prospectus. The Funds are offered through licensed investment dealers, priced daily, with daily liquidity, and available through FundServ.
About Connor, Clark & Lunn Funds Inc.
Connor, Clark & Lunn Funds Inc. (CC&L Funds) partners with leading Canadian financial institutions and their investment advisors to deliver unique institutional investment strategies to individual investors through a select offering of funds, alternative investments and separately managed accounts.
By limiting the offering to a focused group of investment solutions, CC&L Funds is able to deliver unique and differentiated strategies designed to enhance traditional investor portfolios. For more information, please visit cclfundsinc.com.
About Connor, Clark & Lunn Investment Management Ltd.
Connor, Clark & Lunn Investment Management Ltd. (CC&L Investment Management) is one of the largest independent partner-owned investment management firms in Canada with $54.2 billion in assets under management. Founded in 1982, CC&L Investment Management offers a diverse array of investment services including equity, fixed income, balanced and alternative solutions including portable alpha, market neutral and absolute return strategies.
CC&L Investment Management is a part of Connor, Clark & Lunn Financial Group Ltd. (CC&L Financial Group), a multi-boutique asset management company whose affiliates collectively manage approximately $104 billion in financial assets. For more information, please visit cclinvest.cclgroup.com.
About Connor, Clark & Lunn Financial Group Ltd.
Connor, Clark & Lunn Financial Group Ltd. (CC&L Financial Group) is an independently owned, multi-affiliate asset management firm that provides a broad range of traditional and alternative investment management solutions to institutional and individual investors. CC&L Financial Group brings significant scale and expertise to the delivery of non-investment management functions through the centralization of all operational and distribution functions, allowing talented investment managers to focus on what they do best. CC&L Financial Group’s affiliates manage over $104 billion in assets. For more information, please visit cclgroup.com.
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Connor, Clark & Lunn Funds Inc.