Permal Japan Holdings NV has become one of the first hedge fund products to be rated by Standard and ...
Rigorous selection of fund managers, extensive industry knowledge of senior investment professionals and careful monitoring of managers' portfolios, were rewarded with an AA rating from Standard and Poor's.
The multi-managed fund is a diversified portfolio investing in Japanese equities and other instruments using long and short equity strategies. It utilises dynamic asset allocation and invests with managers who have proven expertise in the Japanese market.
It was established in 1997 and to date has achieved an overall gain of 99.1 percent against the sector average of 23.6 percent.
The fund is managed by Permal Investment Management Services Limited, a London-based affiliate of Permal, that earlier this year announced its intention to target institutional markets in the UK and also in Europe.
Omar Kodami, senior executive officer of Permal Investment Management Services Limited, says the official recognition of Permal Japan Holdings NV will give investors added confidence that if they choose the right products, they can get exposure to hedge style investing within acceptable risk parameters.
Along with the Japan Holdings fund, Permal advises several other multi-manager funds across the US, Asia and Europe.
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