Friday, 4 September 2015
Last updated 24 min ago
Apr 10 2012 | 1:06pm ET
Wilmington Trust has rolled out a new mutual fund of hedge fund strategies.
The Delaware-based firm said the Wilmington Rock Maple Alternatives Fund features eight sub-advisors, including two independently-managed mutual funds. The fund, which launched on Jan. 12, is a partnership between Wilmington and alternative investments specialist Rock Maple Services.
"We firmly believe investors wanting hedge fund strategies can benefit most from exposure to these strategies through an independent multi-manager vehicle," Rock Maple's Doug Fincher said. "Our partnership with Wilmington Trust allows us to provide this expertise in a mutual fund structure."
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…