Wednesday, 20 August 2014
Last updated 7 hours ago
Jan 23 2007 | 1:53pm ET
U.K.-based Alternative Investment Strategies Limited, a London Stock Exchange-listed fund of hedge funds, has launched an additional C-Class share to be completed in the first quarter of 2007.
This follows strong demand for the previous C Class share issue in May 2006, which was oversubscribed, reaching the maximum £85 million ($167.8 million) of equity, according to the firm.
AIS currently invests in 30 hedge fund managers across 9 different strategies, and over the last 10 years the fund of funds has achieved annualized returns of 10.13% and an annualized deviation of 3.98% as of the end of December.
Hoare Govett is acting as corporate broker to AIS and as sole placing agent in connection with the fundraising.
AIS was launched in December 1996 as the first fund of hedge funds to be listed on the
London Stock Exchange and is currently managed by International Asset Management, a specialist in multi-manager hedge funds since 1989. IAM was founded in 1989 and was acquired by ABN AMRO Asset Management last February.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note