Tuesday, 4 August 2015
Last updated 17 hours ago
Mar 23 2012 | 12:54pm ET
Varus Capital Management has launched a new share class for Swiss investors.
The Zürich-based hedge fund unveiled the Swiss franc share class this month, HFMWeek reports. The new structure allows German-speaking (as well as French-, Italian-, Romansh- and other language-speaking) Swiss to invest in the US$100 million long/short German-focused equity strategy in their own currency.
Varus founder Frank Siebrecht credited demand from Swiss institutional investors and family offices for the decision to create the new share class. The fund was previously available in euro and U.S. dollar share classes.
The Varus fund is down about 2.6% this year, through the end of last month.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…