Five hedge fund trackers from Ferum

Ferrum Fund Management Sàrl, a newly created subsidiary of Feri, the German-based hedge fund multi-manager specialist, has launched five hedge fund index tracker funds. The Luxembourg-based products will track the ARIX Absolute Return Investable Index strategies relative value, event driven, equity hedge and tactical trading. The fifth fund tracks the M-RIX Managed Resources index that focuses on fundamentally driven long/ short commodity strategies.