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

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

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.