The fund is designed to act as a portfolio overlay, targeting protection against rare but severe market events.

BNY Investments, part of The Bank of New York Mellon Corporation, has introduced a new investment vehicle aimed at delivering returns during periods of elevated market volatility.  We are seeing a growing need for liquid solutions that offer protection against extreme risks - Gerald Rehn The new fund is now available to investors in several European jurisdictions including UK, Denmark, France, Germany, Italy, Spain, Sweden and The Netherlands. The fund, named the BNY Adaptive