Fri, Aug 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Simple Alternatives launches multi-manager hedged-equity fund

Monday, February 28, 2011
Simple Alternatives, LLC, an institutional alternative investment manager, has announced that it has successfully completed the launch of its S1 Fund (SONEX). The S1 Fund is a multi-manager, hedged-equity alternative mutual fund.

The S1 Fund attracts advisers looking to provide their clients access to its sophisticated, absolute return alternative investment strategies with the benefits of a mutual fund structure, including daily pricing and liquidity, high levels of transparency and low investment minimums.

Simple Alternatives allocates the fund’s assets to sub-advisers who employ various hedged strategies. The objective of the S1 Fund is to seek long-term capital appreciation with an emphasis on absolute (positive) returns and low correlation to equity markets.

In the wake of the recent financial crisis, and as volatility persists, advisers are looking to alternative strategies as a way to manage risk. The flexibility of alternative strategies helps diversify by having low correlation to traditional markets and manage the risk exposure in client portfolios. Further, alternative portfolios are actively managed by professionals who are skilled in using specialized tools and strategies not utilized by long-only managers.

However, many investors have faced barriers to access. Specifically, hedge fund investments are typically structured as private partnerships, requiring investors to have “accredited investor” status and high investment minimums. They also often impose high incentive fees. In addition, the typical lock-up periods and lack of transparency in these investments can make it difficult to manage liquidity and assess underlying risk.

James Dilworth, Simple Alternatives CEO and President said, “The S1 Fund has been designed to remove those roadblocks investors and advisers commonly face when looking at alternative strategies. We are receiving strong market feedback confirming that we are providing the type of product investors and advisors are looking for today.”

“Some of our clients are intensely focused on capital preservation, and at the same time they desire the potential for consistent, positive returns to achieve their investment goals,” said Jeff Rogers, CLSA™, CEP®, the Founder and Chairman of Stewardship Advisory Group. “Due to the mutual fund structure of the S1 Fund, we can now provide our clients with access to premium managers and strategies that previously were out of reach. We especially like the daily liquidity, transparency and accountability that the S1 Fund structure provides for our clients.”

The S1 Fund is registered under the Investment Company Act of 1940, and is managed and advised by a team of leading hedged equity professionals, experienced in managing the assets of endowments, foundations, corporations, pension plans, banks and high net worth individuals. The fund is available on a growing number of the industry’s largest custodial and investment platforms. www.simplealternatives.com

(Press release)
bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added