{"id":6231,"date":"2007-06-22T00:00:00","date_gmt":"2007-06-22T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"altedge-capital-launches-new-decorrelated-fund-of-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2007\/altedge-capital-launches-new-decorrelated-fund-of-hedge-funds.html","title":{"rendered":"AltEdge Capital launches new Decorrelated Fund of Hedge Funds"},"content":{"rendered":"

HedgeCo.net – London, June 20, 2007 \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 AltEdge Capital, the hedge fund of funds manager, has launched a new fund of hedge fund portfolio on June 1st<\/sup>, 2007. The new fund, AltEdge Decorrelated, is designed to offer investors a correlation profile detached from equity markets over the long term. The new portfolio will sit alongside their existing equity dominant portfolio, AltEdge Directional as well as their fully diversified AAA rated global multi strategy fund, the AltEdge Balanced.<\/p>\n

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            The AltEdge Decorrelated Portfolio is a globally diverse non-equity based multi-strategy fund of hedge fund run by the London based manager. \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cWe have launched the Decorrelated Portfolio in response to our investors\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2 desire for a product that should have no correlation to equity markets following an equity bull market run for over four years\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d, says Chris Goekjian, CEO\/CIO of Altedge.<\/p>\n

            \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cThe AltEdge Decorrelated Portfolio will be broadly diversified across non-equity related strategies. The strategies will include credit, convertible bond arbitrage, commodities, Macro\/CTA, quantitative equity market neutral and asset backed lending amongst others.\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201c Chris Goekjian goes on to comment.<\/p>\n

<\/p>\n

            Altedge Capital is a London based alternative investment manager founded in 2001 by Chris Goekjian, the former global head of fixed income and derivatives at Credit Suisse. AltEdge Capital\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s flagship fund, the Altedge Diversified Fund SPC Balanced Portfolio was recently rated AAA by Allenbridge Hedgeinfo.<\/p>\n

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            Eric de Candia, President of AltEdge Capital Management adds \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cBy targeting strategies with a low correlation to equity indices, the Decorrelated Portfolio provides a valuable diversification tool within a balanced investment portfolio, from the cyclicality and volatility of equity markets and will also be a valuable engine for portable alpha strategies.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/p>\n

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<\/p>\n

For more information, contact:<\/p>\n

<\/p>\n

Mr Eric de Candia<\/p>\n

President AltEdge Capital Manageme<\/span><\/p>\n

Tel: +41 21 825 5044<\/p>\n

edecandia@altedgecapital.com<\/a><\/u><\/p>\n

 <\/p>\n

Mr. Max Williams<\/p>\n

Head of UK Business Development<\/span><\/p>\n

Tel: +44 207 409 4220<\/p>\n

mwilliams@altedgecapital.com<\/a><\/u><\/p>\n

<\/p>\n

Altedge Capital Ltd<\/strong><\/p>\n

7 Albemarle Street<\/p>\n

London W1X 4HQ<\/p>\n

www.altedgecapital.com<\/p>\n","protected":false},"excerpt":{"rendered":"

HedgeCo.net – London, June 20, 2007 \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 AltEdge Capital, the hedge fund of funds manager, has launched a new fund of hedge fund portfolio on June 1st, 2007. The new fund, AltEdge Decorrelated, is designed to offer investors a correlation […]<\/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-6231","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6231","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=6231"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6231\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}