Platinum in protected hedge bid

Platinum Capital Management is to launch a protected fund of hedge funds vehicle in response to the strong appetite for low-risk investment structures with assured returns. The Platinum 110% Protected Plus Fund aims to provide investors with an assured return over the five year life of the product, coupled with a portfolio of hedge fund managers offering further growth potential. The fund, which begins trading on 1 August 2002, combines a portfolio of zero coupon US Treasury bonds with an allocation to a multi-manager hedge fund portfolio selected by Portfolio Capital Management. Th...