BNP expands product range with long/short equity fund

product launch

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BNP Paribas plans to launch a long/short equity fund, a three-times leveraged fund and a fund of hed...

BNP Paribas plans to launch a long/short equity fund, a three-times leveraged fund and a fund of hedge funds investing in a selection of relative-value strategies in the first quarter of 2004. A further two or three hedge funds are planned for launch in the second and third quarters of the year, according to Francoise Hullo, in charge of business development at BNP for alternative investments. The move follows the launch of three hedge funds based on quantitative research. The Ireland-domiciled SingleHedge Market Neutral fund and France-domiciled SingleHedge Global Macro and SingleHedge ...

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