IFSE Institute launches new qualifying course for alt funds
The fund aims to provide returns with lower correlations to major equity and bond indexes
Regulators expand list of qualifying courses to sell liquid alts
The company also announced plans to terminate a private equity fund
The fund offers investors a private equity–style investment strategy
It's likely that more product launches are on the way
The fund aims to offer positive absolute returns with low volatility regardless of market conditions
The new fund will offer exposure to alternative asset classes and investment strategies
Three of the funds are Fidelity's first foray into liquid alternatives
Lynds will serve as managing director, head of retail business