Invesco Offers Multi-Strat, European Hedge Funds

Oct 31 2008 | 7:44pm ET

Invesco Asset Management has added a pair of hedge funds to its portfolio of alternative and traditional offerings.

The firm launched the European Absolute Return Fund in March to invest in global equities, bonds, foreign exchange and commodity index futures. It said the fund can hold net long or short positions of up to 200% through the use of derivatives.

The fund is the latest addition to Invesco’s portfolio, which also boasts a $100 million multi-strategy offering made available to investors in Asia, Europe and the U.S. earlier this month. The strategy debuted in Australia in 2006 and uses three broad investment disciplines: U.S. market-neutral equity, European market-neutral equity and global tactical asset allocation. It is managed by the Invesco Multiple Asset Strategies team based in Atlanta.

“We designed multi-strategy to offer greater transparency and liquidity, and a more attractive pricing structure than traditional investments in hedge fund of funds,” said Scott Wolle, head of Invesco Multiple Asset Strategies. “We plan on continuing to add absolute return-oriented strategies that will complement, and further diversify the overall structure.”

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…