Arden Launches Second Retail FOHFs

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

Related to: Hedge Fund Update

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