Toronto-based Dynamic Funds has launched a fund of hedge funds giving investors access to a basket of the firm’s hedge fund products.
The initial portfolio makeup of the Dynamic Alternative Opportunities Fund will be an approximately equal allocation to seven Dynamic hedge funds: Power Hedge, Alpha Performance, Contrarian, Power Emerging Markets, Income Opportunities, Strategic Value and Focus+ Alternative.
The Alternative Opportunities Fund can also invest in external hedge funds, private funds and other investment vehicles.
The Dynamic Funds are managed by Goodman & Co. Investment Counsel, a subsidiary of DundeeWealth.
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
Ireland has launched the EUR 26 million ($40 million) Bank of Ireland Seed and Early Stage Equity Fund to invest in startup and early stage companies. More...