Saturday, 30 July 2016
Last updated 22 hours ago
Feb 9 2011 | 11:03am ET
Denver-based fund of hedge funds 361° Capital has launched its first mutual fund, a long/short equity multi-manager product.
The 361° Absolute Alpha Fund features a risk management overlay designed to keep the fund properly hedged during rough patches for the stock market and low volatility and correlation.
"We are very excited to be able to combine our experience and long history of picking high alpha-producing managers with our proprietary risk management system in a structure that is available to all investors, not just institutions or individual high-net-worth investors," 361° CEO Tom Florence said.
The new fund will be available both through investment advisors and to institutions.