New Star International has launched a capital guaranteed Asian long/short hedge fund run by Ian Beat...
New Star International has launched a capital guaranteed Asian long/short hedge fund run by Ian Beattie and Michelle Saunders and capped at $125m. Minimum investment is $50,000. The annual management fee is 2% plus 1% pa of the total guaranteed amount and 0.35%pa of the NAV. A performance fee of 20% of the absolute performance of the fund is also taken.
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
