Saturday, 28 February 2015
Last updated 11 hours 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."
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…