Investec Asset Management is launching a new euro share class for Absolute Return Fund Series II - ...
Investec Asset Management is launching a new euro share class for Absolute Return Fund Series II - its fund of hedge funds offering. The product, which was launched in March 2003, is managed by Olympia Capital Management in Paris and aims to give access to top hedge fund managers.
David Aird, joint managing director of Investec fund managers, said: "We have seen an increase in demand for the Absolute Return Fund Series II and with the launch of the new euro share class we are able to open the fund up to a wider audience. Investec's Absolute Return Series I was closed to new investors after hitting the $180m mark."
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till