Stenham Adds Yen Share Class To Multi-Strat Hedge Fund

Apr 15 2008 | 10:08am ET

U.K.-based Stenham Asset Management has added a Japanese Yen share class to its Stenham Multi-Strategy Fund complementing the existing U.S. Dollar, Euro and pound Sterling share classes.

The globally-diversified fund of hedge funds includes about 40 managers. Its dollar share class ended 2007 up 10.8%, and returned 7.9% during the the six months ending in February, a period of extreme market volatility, according to the firm.

“The launch of the JPY share class is in response to demand from our institutional clients looking to have exposure to this currency,” Kevin Arenson, chief investment officer of Stenham, said. “Over time we expect Asian currencies to re-value against Western currencies and for investors to benefit from this revaluation.”

The minimum investment in the multi-strategy fund is ¥5,000,000 (US$49,500) with monthly liquidity and no lock-up period.

Stenham currently manages some US$6.5 billion under management, of which US$2.5 billion is managed through its multi-manager hedge fund portfolios.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.