Wednesday, 26 April 2017
Last updated 13 hours ago
Jul 1 2008 | 10:18am ET
Emerging markets specialist Wittenham Investment Management has launched a fund of hedge funds with exposure to frontier markets such as Africa, Middle East and the former Soviet Union.
The Singapore-based firm’s MENA Plus fund will start trading with at least US$7 million seed capital and has a capacity of US$300 million, according to Reuters.
“In the emerging Europe, Middle East, and African time zone, we've found plenty of experienced managers creating very attractive risk-return profiles,” said Peter Douglas, an adviser to the fund and founder of hedge fund consultancy GFIA, said in a statement.