Absolute Fund Management has launched the Absolute Focus Fund - a low risk fund of hedge funds. The ...
Absolute Fund Management has launched the Absolute Focus Fund - a low risk fund of hedge funds. The product only charges investment management fees when positive returns are generated for the investor. There are no minimum fees and if the fund produces a negative return in one year not only will no investment management fee be charged, but the manager will have to make back those losses for the investor before any further fees can be levied.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes