Veritas Launches Multi-Strat Hedge Fund

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.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...