Canadian investors gain access to AB's Arya strategy through new fund with iCapital and Oak Hill
AllianceBernstein L.P. has announced the launch of the AllianceBernstein Arya Partners Canada Access Fund in partnership with iCapital Network Canada Ltd and Oak Hill Financial Inc.
This Fund provides Canadian accredited investors access to AB’s alternative strategies through Arya, AB’s market-neutral, equity-focused multi-portfolio managed strategy.
Arya is designed to deliver absolute and risk-adjusted returns with low beta and low correlation to traditional asset classes. Oak Hill Financial will support distribution for the Fund.
“For more than 30 years, AB has offered Canadian investors access to global asset management products,” said Onur Erzan, AB’s head of Global Client Group and Private Wealth.
Erzan noted that “this announcement signifies the firm’s first public alternatives offering for the Canadian retail channel,” adding that AB continues to focus on expanding and diversifying its offerings for clients in Canada and globally.