INTECH Investment Management introduced a European equity strategy for global institutional investors.
The strategy, which will be denominated in euros, will be available to investors on a Europe or a Europe ex-U.K. basis as separate accounts or commingled funds and benchmarked to the MSCI Europe Index, according to an INTECH news release.
The strategy will strive to outperform the benchmark by 2.75% to 3.25%, gross of fees, annually over a three- to five-year time period, the news release said. The tracking error objective is 3.5% to 4% annually over the longer term.
INTECH, a subsidiary of Janus Capital Group, had $43.8 billion in assets under management as of June 30.