Australian hedge fund by Magnum

Professional Adviser
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For possibly the first time ever, retail investors in Australia have been given access to a widely d...

For possibly the first time ever, retail investors in Australia have been given access to a widely diversified portfolio of international hedge funds. The Coastal Magnum Diversified Performance fund, an Australian fund that is managed by Sydney-based Coastal Capital, is being offered to both retail and wholesale investors in Australia and New Zealand. The fund is being run jointly by Coastal and Magnum Fund Management, a specialist hedge fund management group. By investing in 15 diversified and non-correlated hedge funds, it aims to give a 15% to 25% return in both rising and falling ma...

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