Saturday, 30 April 2016
Last updated 5 hours ago
Sep 3 2008 | 8:57am ET
TriAlpha Investment Advisors this week said that the five sub-funds of its TriAlpha Alternative Strategy Unit Trust have been approved as restricted recognized schemes for distribution in Singapore.
The five absolute return funds are multi-strategy offerings: TriAlpha Relative Value Fund, TriAlpha Multi Strategy Fund, TriAlpha Growth Strategy Fund, TriAlpha Hedge Equity Fund and TriAlpha Global Property Strategy Fund, which focuses on hedge fund managers that specialize in the global property sector.
“With our roots in Stonehage (our private wealth management parent company), we have extensive experience in dealing with and providing investment solutions to private clients,” said Cobus Kruger, director at TriAlpha.
“With increasing numbers of private banks in Singapore we believe that our hedge fund of funds products will be an appropriate solution for their clients.”
The Stonehage Group has over US$25 billion of assets under administration and nine offices around the world.