Leopold fund of funds

Leopold Joseph, the City-based private bank, has launched a US dollar-based multi-manager hedge fund for investors who want high returns and low volatility from their investment. In terms of UK regulation it is an unrecognised investment scheme as it is an open-ended International Business Limited Liability Company incorporated in the Bahamas. The minimum investment in the fund is $50,000 (or foreign currency equivalent), with subsequent investment in tranches of $10,000. During its initial offering period the Leopold Joseph Multi-manager Hedge Fund raised a total of $10m. The initial c...