Hatteras Takes Fund Of Hedge Funds To Annuity Platform

Jul 12 2012 | 10:04am ET

Hatteras Funds has launched a flat-fee variable annuity giving investors access to hedge fund strategies.

The North Carolina firm's Hatteras Alpha Hedged Strategies Variable Fund is a multi-manager, multi-strategy offering similar to its 10-year-old mutual fund of hedge funds, Hatteras Alpha Hedge Strategies. But the new vehicle is available on Jefferson National's variable annuity platform, the only such alternatives fund currently available there.

"We believe alternative investment strategies provide higher levels of diversification and risk mitigation than traditional strategies, especially during volatile market environments, but some investors and advisors find the taxes to be an obstacle," Robert Worthington, Hatteras president, said. "Hatteras and Jefferson National have removed this obstacle by offering a daily liquid, multi-strategy, multi-manager alternative fund within a tax-deferred variable annuity."


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of