First State Investments is looking to raise $100m in hedge fund assets following the creation of fiv...
First State Investments is looking to raise $100m in hedge fund assets following the creation of five funds of hedge funds domiciled in the Cayman Islands. The First State Hedge Funds SPC has four different fund of funds strategies – long/short, relative value, fixed interest and tactical. Investors have an option to invest through shares priced in US dollars, Australian dollars, sterling, Japanese yen and euros. Investors also have a further option to make a diversified investment across all four specific strategies through First State Diversified Hedge Fund Limited, a feeder fund, which...
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