{"id":5813,"date":"2007-03-16T00:00:00","date_gmt":"2007-03-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"icecapital-launches-alternative-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2007\/icecapital-launches-alternative-fund.html","title":{"rendered":"IceCapital Launches Alternative Fund"},"content":{"rendered":"<p>  HedgeCo.net &#8211; IceCapital Fund Management Company Ltd. announced in a press release on Wednesday that it has launched a new non-UCITS mutual fund, IceCapital Alternative Beta, which offers hedge  fund like return, in liquid and risk-transparent form. The fund is the first of its kind in Finland and one of the earliest in Europe.<\/p>\n<p>UCITS &#8211; Undertakings for Collective Investment in Transferable Securities &#8211; is the name given by the European Union (EU) to pan-European investment funds.<\/p>\n<p>  The fund is based on latest research on so-called alternative risk premiums. The strategy is to invest in alternative market risk factors, or alternative betas, with which it is possible to form a  portfolio that closely tracks the average performance of hedge funds. At the same time the investor receives extra return, or risk premium, as compensation for risk while benefiting from better  diversification than in the traditional equity and bond investments.<\/p>\n<p>  &#8220;The very fast growth of IceCapital&#8217;s asset management business is due to quick innovativeness. IceCapital Alternative Beta fund is yet another example of that. At the same time, the fund&#8217;s broad  core-satellite range of investments is supplemented with an attractive active investment&#8221;, says Managing Director, Jyri Viskari.<\/p>\n<p>  Mutual Fund IceCapital Alternative Beta starts on 14 March 2007. The minimum investment amount is 100.000 Euros and the fund is open weekly. The portfolio manager of the fund is ICECAPITAL Asset  Management Ltd\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s Chief Investment Officer Mikael Simonsen.<\/p>\n<p>  IceCapital Asset Management and IceCapital Fund Management are part of the independent IceCapital Group, which focuses on investment banking, asset management and private equity. The group  currently manages assets reaching 2 billion Euros.<\/p>\n<p><em><strong><br \/><\/strong><\/em><\/p>\n<p align=\"left\">  Alex Akesson<br \/>  Contributing Writer<br \/>  HedgeCo.Net<br \/>  Email: <a target=\"_blank\" href=\"mailto:Editor@hedgeco.net\" onclick=\"return top.js.OpenExtLink(window,event,this)\">Editor@hedgeco.net<\/a><\/p>\n<div align=\"left\">\n<p align=\"left\">    HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on <a target=\"_blank\" href=\"..\/\" onclick=    \"return top.js.OpenExtLink(window,event,this)\">www.hedgeco.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!  <\/p>\n<div align=\"left\">\n<p align=\"left\">      <strong>Be sure to check out our sister sites. <a target=\"_blank\" href=\"http:\/\/www.hedgefundlounge.com\/\" onclick=\"return top.js.OpenExtLink(window,event,this)\">www.hedgefundlounge.com<\/a>,      <a target=\"_blank\" href=\"http:\/\/www.hedgefundtools.com\/\" onclick=\"return top.js.OpenExtLink(window,event,this)\">www.hedgefundtools.com,<\/a><\/strong> and <a target=\"_blank\" href=      \"http:\/\/www.hedgefundemployment.com\/\" onclick=\"return top.js.OpenExtLink(window,event,this)\"><strong>www.hedgefundemployment.com.<\/strong><\/a>    <\/p>\n<\/p><\/div>\n<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.net &#8211; IceCapital Fund Management Company Ltd. announced in a press release on Wednesday that it has launched a new non-UCITS mutual fund, IceCapital Alternative Beta, which offers hedge fund like return, in liquid and risk-transparent form. The fund is [&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-5813","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5813","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=5813"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5813\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}