New York (HedgeCo.net) – The massive worldwide demand for gold investment vehicles combined with return levels far above industry norms, GHF Group has seen this fund fully subscribed in a record period of time. An alternative product is currently being developed, and is expected to be available in early September. This time is needed is to acquire regulatory clearance for the new fund as per current fund rules.

The gold fund was launched in the third quarter of 2009 when prices were closer to $920. Because the fund effectively leverages price increases, the current market price per ounce has resulted in a few months with three digit value increases. The over-subscription was primarily due to existing clients attempting to increase their holdings of the fund. The new alternative fund will be made available first to existing clients before being offered through its partner network.

Global Hedge Fund Group Ltd. (GHF Group) has been developing customized alternative investment solutions and providing corresponding advisory services since 2000.

Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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