Arden is Launching Second Retail Fund of Hedge Funds
An independent manager of portfolios of hedge funds Arden Asset Management is growing its retail fund of hedge funds lineup to brokerage customers.
Our
mutual fund initiative, launched in 2012, builds on our expertise in
creating and managing attractive multi-manager hedge fund portfolios. We
seek to create investment programs that produce capital growth with
relatively low sensitivity to movements in the equity and fixed-income
markets. Our investment committee allocates fund assets to a group of
hedge fund managers using our proprietary manager selection, portfolio
construction, and monitoring/risk management practices. This
multi-manager structure offers diversification, while our long-standing
relationships with experienced hedge fund managers give us access to a
wide variety of investment strategies.
Our
first fund, Arden Alternative Strategies Fund (AASF), is currently
available exclusively to account holders in Fidelity’s Portfolio
Advisory Services and now has over $1 billion in assets. Arden is
pleased that Morningstar* took the unusual step of initiating research
on our flagship fund within 9 months of its launch.
Source: Arden