Prestige Unveils Malta-Based Fund Of Funds

Aug 23 2011 | 11:55am ET

London-based Prestige Asset Management has launched its first Malta-domiciled hedge fund and has opened an office on the Mediterranean island.

Prestige's multi-manager Equity Options fund debuted on June 1, HedgeCo.net reports. The fund includes three managers, all of whom "use a combination of both long and short volatility trading strategies and much of the trading is short and medium term in nature."

The fund is among the lowest-risk vehicles offered by the firm, it said.

"It operates a portfolio mandate that does not need the market to trend, and can benefit enormously from lack of direction but continuously attempting to manage and diversify risk which hopefully allows us to sleep at night," Prestige said.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...