T. Rowe Price Group launched the T. Rowe Price Multi-Strategy Total Return Fund, which combines six internally managed liquid alternative strategies in a single multi-strategy approach designed to diversify clients' risk by offering returns with a low correlation to the equity and fixed income markets. The firm says the absolute return fund also aims to "provide capital preservation and consistent returns over time, which can be especially beneficial during periods of heightened market volatility" using long and short positions across several asset classes.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.