WEST PALM BEACH, FL (www.HedgeCo.Net) – Global investment group Investcorp, is introducing new hedge fund products according to new released statements. The new product called the LeveragedStrategies Fund was launched in order to satisfy the client demand according to statement. The new fund aims to provide absolute returns similar to those delivered by equities.
The new Leveraged Diversified Strategies will be employing the services of forty hedge fund managers who have been selected to handle the different classes of assets according to the release. Investcorp began managing hedge funds in 1996, with the launching of its flagship product, the Diversified Strategies Fund (DSF).
The Diversified Strategies Fund (DSF) has achieved annualized returns of 7.7 percent since the fund�s inception in 1996 according to company statement. The new fund is projected to deliver an annualized return of 16.3 percent over similar period through the use of simulated data. The Leveraged DSF is the eight hedge fund launched by Investcorp, which manages over $3.2 billion of investor assets.
Details about the minimum investment requirements and fee structure were not immediately made available.
Paul Oranika
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HedgeCo.Net
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