Eddington Capital ‘Notes’ Gains In May

Jul 2 2008 | 11:33am ET

U.K.-based Eddington Capital Management said its London Listed Index Linked Note returned 2.37% in its first month of trading.

The note, issued by Nomura Bank International with a five-year term, gives investors exposure to two Eddington funds, the Triple Alpha Fund, a diversified multistrategy fund of hedge funds, and the Macro Opportunities Fund, a moderately-concentrated portfolio of macro-related strategies.

Alex Allen, Eddington’s chief investment officer, said there is limited choice for investors who are interested in U.K. listed high return target fund of hedge fund products, and the proposed regulatory changes are likely to attract more investors to this space.

“Our unique proposition gives UK investors access to the best combination of Eddington funds and an attractive high return proposition without using leverage at portfolio level.”


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