Bank of Bermuda is set to launch a global fund of hedge funds, intended to offer a diversification t...
Bank of Bermuda is set to launch a global fund of hedge funds, intended to offer a diversification tool for high net-worth individuals, with a minimum investment of $10,000. The selection of underlying investments will be done by Banque Notz Stucki, a Geneva-based partnership formed by Bank of Bermuda, Banco Santander Central Hispano and the partners of Notz Stucki & Cie. The All Points Fund of Funds Alternative Class, already internally seeded with $65m, has 50% exposure to long/short equity managers and a 50% exposure to low volatility and market neutral strategies, including index arbi...
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