View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 6, 2014updated 04 Apr 2017 2:31pm

Arden Asset Management unveils second retail fund of hedge funds

Arden Asset Management has unveiled its second retail fund of hedge funds, Arden Alternative Strategies II, to offer investors with access to hedge fund managers.

By Verdict Staff

Arden Asset Management (Arden) has unveiled its second retail fund of hedge funds, Arden Alternative Strategies II, to offer investors with access to hedge fund managers.

According to Arden, the new fund will build on firm’s expertise in creating and managing multi-manager hedge fund portfolios and expand investment opportunities for retirement assets.

The new fund will be available to investors with a minimum investment of $1,000. Arden will charge a maximum fee ratio of 1.99%, reported FINalternatives.

Arden said that the fund’s investment committee will allocate fund assets to a select group of sub-advisers using its proprietary manager selection, portfolio construction, and monitoring/risk management practices.

Arden Alternative Strategies II will be available in several classes through registered investment professionals, retirement plans, certain broker-dealer programs and self-directed accounts, making our multi-manager portfolios available to all investors.

Arden Asset Management CEO and chairman Averell Mortimer said: "Liquid alternatives can give more options to investors and their advisors, especially as they plan and rebalance retirement portfolios in an environment where interest rates are likely to rise in the future and equity returns are expected to be more modest."

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International