WEST PALM BEACH, FL (www.hedgeco.net) – Jovian Capital Corporation has announced the launching of the Taliesin Multi-Strategy Fund, following the joint partnership agreement between the firm andTaliesin Capital Inc. The new fund hopes to deliver absolute returns to its investors by concentrating its investments in equities, derivatives currencies and commodities.
Mark Arthur, President of Jovian Asset Management Inc. said, “We are very excited about our partnership with Eden Rahim, who has an enviable track record in the industry since 1994. We believe that the unique structure and approach of the Taliesin Multi-Strategy Fund, combined with Eden’s skills, will provide tremendous value-added for the Fund’s clients.”
Mr. Rahim was Vice-President and Senior Portfolio Manager with RBC between 1998 and 2003, and he was credited with reversing the performance of the RBC Canadian Growth Fund into a five-year first quartile fund. His fund earned a return of 9.33 percent during the bear market for Growth stocks according to published reports. The new fund requires a minimum investment of $25,000 for accredited investors. Fee structure was not immediately provided.
Taliesin Capital Inc. is a Canadian investment management company specializing in managing high quality hedge funds for a wide range of clients, including institutions, pension funds and high net worth individuals.
Jovian Capital is a management and holding company with interests in a variety of financial service firms specializing in wealth and asset management. The Jovian group of companies operates as a national financial services organization with over 87 locations and more than $7.0 billion of client assets.
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net
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