Thursday, 26 November 2015
Last updated 20 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…