24.01.2012 - Hermes BPK launches fund of managed futures funds
Fund of hedge funds firm Hermes BPK Partners has unveiled a managed futures strategy. Hermes BPK, which was formed in 2008 between BT pension scheme manager Hermes Fund Managers and a group of hedge fund professionals, will look to protect clients’ cash through concentrating investments in the medium term commodity trading advisors (CTA) market. The fund, called Alpha Vault Managed Futures, will start life with $275 million worth of seed money...............................................Full Article: Source
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