Allianz to launch fund of hedge funds

London Stock Exchange- Allianz Global Investors is mulling the launch of a listed hedge of hedge funds to be aimed at retail investors.

The launch of the multi-strategy Peletier Absolute fund would mark the first time that small investors have been permitted access to a European hedge fund manager.

Once operational the fund is targeting a return comparable to Allianz’ KGH Licorne fund and will target investments in between 40 and 50 hedge funds.

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