DWS Scudder Launches Alternative Asset Allocation Fund

DWS Scudder has launched an alternative asset allocation fund. A fund-of-funds, the DWS Alternative Asset Allocation Plus fund will invest in stocks and derivatives, as well as market-neutral, inflation-protected, commodity, real estate and emerging markets assets.

“Institutions have long benefited from investing in less correlated, alternative asset classes to complement their core holdings, but accessibility to such strategies has, until now, been far more elusive for retail investors,” said Doug Beck, managing director and head of product management at DWS Scudder.

“This fund is designed to be a simple solution that gives the average mutual fund investor access to components of what we believe are some of the best alternative ideas, through one easily accessible strategy,” Beck said.

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Money Management Executive
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