Compelo Banking is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More

Convergence Investment Partners unveils new mutual fund

Quantitative equity manager Convergence Investment Partners has introduced a new mutual fund, Convergence Opportunities Fund, which will concentrate on investing in small- to mid-cap stocks to offer risk-adjusted return.

Launched in collaboration with Montage Investments, Convergence Investment Partner’s parent company, Convergence Opportunities Fund seeks to generate returns for investors by identifying not only value, but also what the market is valuing.

Driven by Convergence’s quantitative approach, the mutual fund strives to provide additional alpha above similar long-only strategies.

Convergence Investment Partners CFA and president David Schulz said they have been managing this strategy as a separate account for some time now, and are very excited for the launch of this mutual fund.

"In this format, we are able to open our strategy up to a much wider range of investors. I believe this fund is unique in the small- to mid-cap space, and I look forward to introducing it to the advisors and investors we work with," Schulz added.

Convergence Investment Partners leverages quantitative tools to choose investments, construct portfolios and manage risk for individuals, businesses, financial advisors and institutional investors.