Russell Investments is broadening its portfolio and skill sets with the launch of its first internally managed, non-cash retail fund, dubbed the Russell Strategic Call Overwriting Fund.

The fund will bet on U.S. equity securities and write index call options, typically on broad-based securities market indexes. It is managed by Richard Johnson, Scott Maidel, Karl Sahlin and Rafael Zayas.

“In our conversations with advisors, we have consistently heard that they are looking to provide clients with a call overwriting strategy to support long-term wealth creation while managing overall portfolio volatility,” stated Phill Rogerson, managing director of Consulting and Product Development for Russell’s U.S. advisor-sold business.

 

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.