Wednesday, 1 July 2015
Last updated 5 min ago
Dec 22 2008 | 10:57am ET
K2 Advisors, a $6.3 billion Connecticut-based fund of hedge funds, has replaced AIG as adviser to $300 million worth of hedge fund portfolios managed by one of Austria’s biggest banks, Raiffeisen Zentralbank Österreich.
The portfolio is being handled by the bank’s subsidiary Raiffeisen Capital Management, Financial News reports.
K2 has been an adviser to RCM since 2005 and will assist the subsidiary advising retail clients and institutional clients. K2 is already a sub advisor for Raiffeisen 321, another hedge fund of funds for its institutional clients.
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…