Vanguard Group has launched the Vanguard Market Neutral Fund. The fund, created through the recent reorganization of the Laudus Rosenberg U.S. Large/Mid Capitalization Long/Short Equity Fund, is expected to appeal primarily to endowments, foundations, and other institutional investors, the company said.

Axa Rosenberg Investment Management and Vanguard Quantitative Equity Group serve as the investment advisers for the new fund, according to Vanguard.

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.