Advanced Investment Technology launched its MaxCap Value strategy, an...

Advanced Investment Technology launched its MaxCap Value strategy, an actively managed fund benchmarked to the Russell Top 200 Value Index. The new fund addresses the misfit in market-cap size created because traditional active large-cap managers tend to have biases toward the small end of their universe, according to AIT. By adding AIT’s higher-cap product, a plan sponsor could shift the fund’s exposure closer to its benchmark.