HedgeCo.net – New York – Stenham Asset Management has reached an important milestone as funds under management now exceed US$2billion. Stenham has been constructing diversified hedge fund portfolios via managed accounts and funds of funds with an emphasis on downside protection, since 1988.

In recent years the firm is attracting funds from an increasing number of international investors, including pension funds, insurance companies, financial institutions and family offices. The current range of products comprises a discretionary managed account service – Pinnacle – and ten funds of funds: 3 multi-strategy funds, 3 global macro funds, 3 equity long/short funds and a gold fund.

Kevin Arenson Chief Investment Officer of Stenham Advisors, said: ‘Increasing our assets under management to over US$2 billion reflects the recognition by our investors that a professionally managed fund of hedge funds adds value to their portfolios. In addition to our existing range of funds, we will be launching a Global Resources fund in the second half of 2007.”

Harry Wulfsohn, Director at Stenham said “Our asset growth is increasingly from institutional investors who recognise that a combination of a long track record and a robust qualitative and quantitative due diligence process will continue to deliver strong performance uncorrelated to equities and bonds”

For further information please contact Harry Wulfsohn, Director, +44 (0) 20 7841 1808 e: harry.wulfsohn@stenham.com or go to www.stenham.com

About Stenham

Stenham’s history dates back to 1901 evolving into a broadly based wealth management business with offices in the UK, the Channel Islands, Switzerland, the Netherlands and other jurisdictions.

The Group provides financial services and creative financial solutions for High Net Worth clients, family offices and institutions, specialising in alternative investments including absolute return strategies and commercial property. Stenham also offers other services including trust and consulting, business finance and a family office portfolio advisory service. The emphasis is on tailoring solutions to the client’s precise requirements rather than simply marketing products “off-the-shelf”.

The strength of the Asset Management division lies in its many years’ experience gained during the early 1980’s, of managing and advising on multi-manager hedge fund portfolios.  We have successfully preserved our clients’ capital, through periods of exceptional market volatility, whilst achieving consistent returns.  In the process, we have either won or been short-listed for a number of prestigious hedge fund industry awards.

The key members of the division’s experienced and stable management team have been together since 1997. They are fully committed to our strategic approach and have significant personal investments in portfolios managed by Stenham. 

The Asset Management division currently manages and advises on $2.0bn of assets across a number of different alternative strategies.

Stenham’s Asset Management division is licensed to undertake investment business in Guernsey and the United Kingdom. Stenham Asset Management Inc. is licensed by the Guernsey Financial Services Commission while Stenham Advisors Plc is authorised and regulated in the United Kingdom by the Financial Services Authority. This financial promotion has been approved for distribution in the United Kingdom by Stenham Advisors Plc.