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Having researched environmental or ‘green’ investments for the past 12 months, SAR has completed its rigorous due diligence and has set a January 1st , 2008 launch date for a unique new environmental fund of hedge funds.
The SAR Environmental Fund is unleveraged and targets absolute returns above 15% net for investors, with limited correlation to general debt and equity markets.
SAR is a Zurich-based asset manager founded by Arne Schmidt and Michael Ahrndt in 2001. They currently manage two distinct funds of hedge funds. With regard to the positioning of the fund, Mr. Schmidt states, “This absolute return product differentiates itself in this burgeoning space through active hedging, a truly environmental character and the exclusion of venture capital investments from the universe.” The fund maintains global exposure and a diversified sector approach.
This space is already becoming a key investment theme and is set to offer superior growth rates and outperformance for decades to come. Climate change, population growth, water scarcity, increased pollution and expanding energy demand create an environment that will drive returns across short, medium and long-term investment horizons.
This innovative product is positioned to extract alpha from a variety of investment strategies such as renewable energy, clean technology, carbon finance, water, agricultural and timber projects as well as ecological microfinance.
Returns on a pro-forma basis were ...................... To view our full article Click here
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