Boston-based Lee Munder Capital Group is currently prepping an alternative mutual fund to launch in April.

According to a regulatory filing, the LMCG Global Market Neutral Fund will bet on long and short positions in stocks in the MSCI All Country World IMI Index, which includes securities across large, mid and small cap segments in U.S. and foreign developed and emerging markets such as Germany, France, United Kingdom, Japan and Hong Kong.

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