Harcourt Launches ABL FoHFs

Jul 15 2008 | 1:38am ET

Harcourt Investment Consulting has launched its Belmont Asset Based Lending fund of funds.

The fund, which debuted in May, was developed with IST Investmentstiftung für Personalvorsorge to address the needs of the conservative institutional crowd by excluding derivatives and shorts and limiting the use of leverage to 10%. Its annualized targeted return is 250 basis points in excess of Libor, net of fees, with 2.5% annualized volatility.

Harcourt said the launch of the new fund is a further step in the evolution of its ABL product offering “and the first step in a promising cooperation with IST Investmentstiftung für Personalvorsorge, the largest independent investment foundation in Switzerland.”

The fund finished its first month of trading up 0.50%.

It charges a 1% management fee and a 10% performance with a $5 million minimum investment requirement.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Nicky Hilton To Wed James Rothschild

Aug 20 2014 | 5:23am ET

When it comes to husband-material, socialite Nicky Hilton is sticking with finance...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note