{"id":2903,"date":"2005-01-06T00:00:00","date_gmt":"2005-01-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"scivest-launches-global-fund-of-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2005\/scivest-launches-global-fund-of-hedge-funds.html","title":{"rendered":"SciVest Launches Global Fund of Hedge Funds"},"content":{"rendered":"<p>TORONTO (www.HedgeCo.Net) &#8211; SciVest Alternative Strategies Inc. announces the launch of the SciVest Global Multi-Strategy Fund (\u00c3\u00af\u00c2\u00bf\u00c2\u00bdThe Fund\u00c3\u00af\u00c2\u00bf\u00c2\u00bd), a global fund of hedge funds. The Fund will be managed byColin Jang, CFA, who is responsible for the strategy and operation of fund of hedge funds within the Connor, Clark &amp; Lunn Financial Group of companies (CC&amp;L), an affiliation of leadingCanadian investment management firms with over $23 billion of assets under management.<\/p>\n<p>  The SciVest Global Multi-Strategy Fund will comprise of a diverse and actively managed group of hedge funds that utilize a variety of alternative investment strategies. The Fund will use a top down  strategy allocation process, drawing on rigorous manager selection and due diligence tools to identify attractive global hedge fund advisors. By combining this investment approach with prudent risk  management, the Fund will seek to provide consistent risk adjusted returns that have a low correlation to traditional asset classes. Leverage may be employed by the Fund in circumstances where  underlying hedge fund returns are expected to be greater than the Fund\u00c3\u00af\u00c2\u00bf\u00c2\u00bds cost of borrowing.<\/p>\n<p>  \u00c3\u00af\u00c2\u00bf\u00c2\u00bdThe addition of the Global Multi-Strategy Fund to the SciVest family of quantitatively managed beta-controlled products complements our core equity market neutral strategy and enables us to offer  high net worth Canadian investors choice and flexibility in managing the risk characteristics of their portfolio, minimizing volatility and market risk, and potentially enhancing portfolio  returns,\u00c3\u00af\u00c2\u00bf\u00c2\u00bd says Lily Van, President of SciVest Alternative Strategies Inc.<\/p>\n<p>  Colin Jang, the Fund\u00c3\u00af\u00c2\u00bf\u00c2\u00bds portfolio manager, has over 15 years of experience in institutional money management including responsibility for the management of over $1 billion in global equity assets at  CC&amp;L. He has a solid reputation for building high quality portfolios using both proprietary asset allocation techniques and an institutional quality risk management process that has been proven  over more than ten years of use.<\/p>\n<p>  \u00c3\u00af\u00c2\u00bf\u00c2\u00bdWe are delighted to be working with SciVest in launching the SciVest Global Multi-Strategy Fund. Individual investors in the Fund will have the benefit of our experience and expertise in managing  fund of hedge funds designed for institutional investors,\u00c3\u00af\u00c2\u00bf\u00c2\u00bd says Colin Jang of CC&amp;L. \u00c3\u00af\u00c2\u00bf\u00c2\u00bdEssentially, we will be using our proven institutional investment management methodology to seek added value  for SciVest\u00c3\u00af\u00c2\u00bf\u00c2\u00bds retail investors.\u00c3\u00af\u00c2\u00bf\u00c2\u00bd<\/p>\n<p>  The SciVest family of funds is distributed through brokers and dealers across Canada by SciVest Alternative Strategies Inc. The company is headquartered in Toronto and has representatives in  Eastern and Western Canada. SciVest Capital Management Inc., a world leader in the equity market neutral strategy, is the investment management arm of SciVest Alternative Strategies Inc. The  proprietary models of SciVest Capital Management Inc. use quantitative investment analysis and mathematical optimization to create portfolios that add significant value through management of risk,  with little or no market exposure. The firm\u00c3\u00af\u00c2\u00bf\u00c2\u00bds oldest fund, the SciVest Market Neutral Equity Fund, was the winner of the 2004 Canadian Investment Award for the best Relative Value Strategy Hedge  Fund. Last year, the fund was also recognized as the Top Performing Emerging and Mid-stage Equity Market Neutral Fund in the world for 2003 at the Global Alternative Investment Management Forum at  Lausanne, Switzerland.<\/p>\n<p>  HedgeCo.Net is the most popular hedge fund database and community in the world. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<\/p>\n<p>  <strong>Be sure to check out our sister sites. <a href=\"http:\/\/www.hedgefundlounge.com\">www.hedgefundlounge.com<\/a>, <a href=\"http:\/\/www.hedgefundtools.com\">www.hedgefundtools.com,<\/a><\/strong> and  <a href=\"http:\/\/www.hedgefundemployment.com\"><strong>www.hedgefundemployment.com.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO (www.HedgeCo.Net) &#8211; SciVest Alternative Strategies Inc. announces the launch of the SciVest Global Multi-Strategy Fund (\u00c3\u00af\u00c2\u00bf\u00c2\u00bdThe Fund\u00c3\u00af\u00c2\u00bf\u00c2\u00bd), a global fund of hedge funds. The Fund will be managed byColin Jang, CFA, who is responsible for the strategy and operation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2903","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=2903"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2903\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=2903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=2903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=2903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}