INTECH adds long/short strategy

INTECH introduced its first long/short equity strategy for institutional investors, confirmed James Aber, a spokesman for parent company Janus Capital Group. The Collared Long/Short (120/20) strategy aims to beat its benchmark, the Russell 1000 index, by an annualized average gross return of between 4.75% and 5.25% over the long term. It will be available as a separate account, with a minimum $50 million investment, and through a commingled fund, with a minimum $15 million investment.