TriAlpha adds five absolute return funds

TriAlpha Investment Advisers has launched five subfunds of the TriAlpha Alternative Strategy Unit fund of hedge funds in Singapore. The five absolute return funds have been approved as restricted recognised schemes for distribution in the country and offer investors a variety of risk profiles and investment strategies, said the firm. The TriAlpha Relative Value fund invests in market-neutral, multi-strategy, event-driven, multi-strategy arbitrage and option arbitrage. It aims to achieve stable, absolute returns with volatility similar to the Citigroup World Government Bond index. Shar...