fund of hedge funds aims to provide returns of 7%pa above three-month us treasury bills
Baring Asset Management (BAM) has launched an Asian fund of hedge funds which aims to provide long-term returns of around 7%pa above three month US Treasury bills. The strategy of the Baring Asia Hedge Select fund is to capture the upside in rising markets and protect capital when they drop. The fund will invest mainly in equity long-short Asia Pacific hedge funds and will be managed by Tom Maier, head of BAM's alternative investment team. He will be supported by investment boutique Fauchier Partners, who will act as advisers on manager selection and strategy allocation. BAM int...
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