Commerzbank issues fund of hedge funds

Professional Adviser
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Commerzbank has launched a Dublin-domiciled multi-strategy fund of hedge funds that will have a mini...

Commerzbank has launched a Dublin-domiciled multi-strategy fund of hedge funds that will have a minimum investment of $100,000. The product invests in a diversified range of strategies including event-driven, market neutral, long/short and global macro. The annual management charge is 1% and it has a 10% performance fee with a high water mark on absolute returns.

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