{"id":7698,"date":"2008-05-14T00:00:00","date_gmt":"2008-05-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"millennium-multi-strategy-fund-reaches-three-year-anniversary-in-positive-territory-for-2008","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2008\/millennium-multi-strategy-fund-reaches-three-year-anniversary-in-positive-territory-for-2008.html","title":{"rendered":"Millennium Multi-Strategy Fund reaches three-year anniversary in positive territory for 2008"},"content":{"rendered":"<p><em><strong \/><\/em>HedgeWeek &#8211; The Millennium Multi-Strategy Fund, a fund of hedge funds managed by London-based alternative investment manager and currency overlay specialist Millennium Global Investments, is keeping in positive territory for 2008 as the fund marks its third anniversary.<\/p>\n<p> Following a return of 9.24 per cent in US dollar terms with 3.04 per cent volatility in 2007, the Millennium Multi-Strategy Fund is up an estimated 1.8 per cent at the end of April amid an unusually difficult conditions for hedge funds, putting the fund in the top 6 per cent of funds of hedge funds, according to InvestHedge.<\/p>\n<p> Last year&#8217;s performance was consistent with the fund&#8217;s average annualised return of 9.22 per cent with volatility of 3.91 per cent since its establishment, which compares favourably with . the 5.11 per cent annualised return and 5.25 per cent volatility for the HFR Global index over the same period.<\/p>\n<p> &#8216;Our approach, combining a diversified portfolio of non-traditional managers with an overlay, is an all-weather concept,&#8217; says Arne Hassel, Millennium&#8217;s managing director for multi-strategy and global tactical asset allocation. &#8216;It makes it possible to generate attractive returns even when the major asset markets are challenging.&#8217;<\/p>\n<p><a href=\"http:\/\/www.hedgeweek.com\/articles\/detail.jsp?content_id=253245\" target=\"_self\">Read Complete Article<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeWeek &#8211; The Millennium Multi-Strategy Fund, a fund of hedge funds managed by London-based alternative investment manager and currency overlay specialist Millennium Global Investments, is keeping in positive territory for 2008 as the fund marks its third anniversary. Following a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7698","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7698","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=7698"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7698\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}