Calif. FoHFs Admitted To Luxembourg Stock Exchange

Jun 19 2008 | 12:37pm ET

MVP Asset Management, a Lake Tahoe, Calif.-based fund of hedge funds, has listed its MVP Fund of Funds on the Luxembourg Stock Exchange. The fund is currently available in U.S. dollars, pounds Sterling and euro share classes.

In a statement, Michael Stratford, MVP’s CEO, said the fund’s listing on exchange is a milestone for the company and anticipates that the platform will bring improved visibility to the fund. 

The Luxembourg Stock Exchange currently consists of 4,200 listed issuers from 105 countries.
 
In addition to the exposure the exchange listing provides, the fund will also benefit from exchange’s partnership with NYSE Euronext and its member European securities exchanges (Amsterdam, Brussels, Lisbon and Paris), including access to multiple exchanges and a broad network of shared standards.
 
Year to date, MVP, which invests in structured credit and trade finance strategies, is up 1.73% through April.


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