Monday, 3 August 2015
Last updated 7 hours ago
Jul 15 2008 | 11:01am ET
U.K.-based hedge fund Veritas Asset Management has launched its Real Return Alternative Strategies Fund, a multi-strategy offering, to invest in a range of alternative strategies via talented external fund managers.
The fund, which launched in May with some US$14 million, is global, thematic and seeks below-average levels of volatility, according to the firm. It currently has exposure to volatility, natural resources, distressed, and emerging markets strategies. The portfolio manager is Ian Fridlington.
The Irish-listed fund charges a 1.25% management fee and a 15% performance fee.
The new fund joins Veritas’ existing portfolio of long/short strategies (Real Return Global and Asian Funds) and long-only offerings. The firm was founded in 1993.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…