Saturday, 31 January 2015
Last updated 1 day ago
Apr 1 2010 | 8:36am ET
Finles Capital Management has launched an investible index comprised entirely of Dutch hedge funds.
The new fund of funds product is based on the Finles/IEX Dutch Hedge Fund Index, which the firm launched last year. The 27-constituent index returned 11% last year.
“Hedge funds based in the Netherlands have proved that they can match up to foreign competition and achieve very good investment returns,” Finles’ Rob van Kuijk told Hedgeweek. “That’s the reason we’re launching this initiative.”
Finles’ new Dutch Hedge Fund Tracker will include no more than 25 of the index’s constituent funds. At least 80% of the fund of funds will be invested in liquid hedge funds.
Currently, 29% of the index is made up of long/short equity funds, 11% of global macro funds and 10% of multi-strategy funds.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…