BGI uses leverage to return 10% pa

Barclays Global Investors (BGI) has launched a higher return/risk version of its UK Equity Market Neutral Fund, using leverage to target greater returns. The new hedge fund aims to deliver a return of 10% per year above the risk-free or cash return, after fees and maintain a return volatility of 10% per year and be independent of the return on UK or global equity markets.The new fund is available in sterling and US dollar hedged share classes, offers weekly liquidity and is benchmarked ag