Wednesday, 23 July 2014
Last updated 10 hours ago
Sep 7 2007 | 10:08am ET
Zug, Switzerland-based fund of funds shop Salus Alpha Management is launching the Salus Alpha Equity Hedged Fund, which will invest in an index comprising up to 30 long/short equity managers. The subscription period for the new offering ends today.
The Salus Alpha Equity Hedged fund invests in the Long/Short Equity Index, a global investible benchmark, with funds selected from the Alternative-Index, which is also part of the Salus Alpha group and produces six hedge fund indices calculated by the Vienna Stock Exchange.
According to Salus Alpha, the Long/Short Equity Index has produced an annual return averaging around 16% since 1997, with a volatility of about 3%. The new fund will target returns of between 10% to 12% per annum and is available in dividend-paying and non-dividend-paying share classes.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…