Sat, Nov 1, 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. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some

  3. North America - FATCA leads 75% of U.S. expats to consider dropping citizenship[more]

    From International-adviser.com: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA). The findings, which were revealed in a survey by deVere, come alongside the news th

  4. New app allows asset managers easy interaction with portfolios, securities, holdings, transaction details[more]

    Komfie Manalo, Opalesque Asia: Global financial services software company SS&C Technologies Holdings has launched Explorer, a powerful data visualization and analysis tool that turns critical investment data into meaningful information. Explore

  5. Opalesque Exclusive: Mariner’s new healthcare mandate applies strategic approach across pharmaceutical and biotech sectors[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A team of two was hired in February this year t