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Hedgetalk
by Alex Akesson on February 11, 2008

One of the hedge funds launched is a diversified equities hedge fund, currently trading only U.S. names. With $126.8 million in assets under management, the Tactical Fund trades the 1,500 most liquid U.S. names, with plans to expand into Europe and Japan this year.
The smaller of the two funds, the Quantitative Fund, is a multi-strategy fund of funds with $1 million currently in assets under management. It currently invests solely in the 1X versions of other QIM funds, including the Global, Tactical and the Ultra funds. Allocations made to the fund in 2008 will receive a 10% fee discount for the life of the investment.
Permalink: New Hedge Fund Launches
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