Martin Currie has raised an initial $13.5m for a third hedge fund in its Absolute Return series. ...
Martin Currie has raised an initial $13.5m for a third hedge fund in its Absolute Return series. The Martin Currie Absolute Return Funds ' Asia Fund is Bermuda-registered and Dublin-listed with a minimum investment of $100,000. It aims to provide an annualised return of 15% to 20% with volatility of less than 12%. The fund manager is Jason McCay, who worked for Deutsche Morgan Grenfell in Indonesia as head of research. He joined Martin Currie in 1998 and has managed the long-only Martin Currie Asia Pacific Fund since September 1998. McCay said: 'We intend to meet our objective...
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