Sat, May 30, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Niagara Capital, Pinnacle Wealth Brokers launch Canadian retail hedge fund

Friday, February 21, 2014

Komfie Manalo, Opalesque Asia:

Canadian market dealer Pinnacle Wealth Brokers announced the launch of it’s a retail focused hedge fund called the Niagara Access Alpha Fund. In a statement, Pinnacle said says the new fund represents the only Canadian hedge fund of managed futures structured specifically for the retail private marketplace.

Rick Unrau, President and CEO of Pinnacle notes Pinnacle has been granted exclusive distribution of the fund

The Niagara Access Alpha Fund offering was created by Toronto, Canada-based Niagara Capital Partners Ltd., an investment fund manager. It will allow retail investors the opportunity to invest in the Niagara Discovery Fund, which had traditionally only accepted large subscriptions from high net worth individuals and family offices.

According to the announcement, the Niagara Discovery Fund is a managed futures-based fund of hedge fund strategies set in a limited partnership structure, formed under the laws of the Province of Ontario. From inception in November 2006 to December 31, 2013, the fund earned a compounded annual rate of return of 10.8% net of fees. Assets under management in the Discovery program were USD16.7m.

"It had to have small minimums. It had to be RRSP eligible. And it needed solid distribution," sai......................

To view our full article Click here

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. Tiger Global tops the list US-based venture capital market[more]

    Laxman Pai, Opalesque Asia: Tiger Global Management holds on to its position as market-leader in US-based venture capital, said a study. According to Preqin, the closure of tech-focused Tiger Global Private Investment Partners XII in January means the New York-based firm has raised more than

  2. Study: Emerging market bond issuers take hit as global recession deepens, The coronavirus pandemic could cost the global economy a nightmarish $82tn over 5 years, a Cambridge study warns[more]

    Emerging market bond issuers take hit as global recession deepens Increasing credit stress evident amongst many high-yield EM non-financial corporates as coronavirus disruption takes its toll, says Moody's. 74 out of 106 rated EM sovereigns have a stable outlook as of 30 April 2020 (compa

  3. Investing: Singer bets on Europe, emerging markets, Britain's unhealthy appetite for financial risk in essential services, How Stan Druckenmiller shook up his portfolio[more]

    Singer bets on Europe, emerging markets From Investment Magazine: William Blair's Brian Singer is looking to invest in Europe and the emerging markets as the recovery from the global economic shutdown to contain the pandemic will likely take longer than what the market has priced in.

  4. PE/VC: How Covid-19 could reshape private equity fundraising, The private equity bet that coronavirus cut short[more]

    How Covid-19 could reshape private equity fundraising From Asian Investor: The pandemic looks may have led to greater use of remote capital-raising but might it also encourage investors to establish more overseas offices? The coronavirus outbreak has inevitably hit the amount of mo

  5. Investing: Millennium hedge fund ups bet against Bank of Ireland, Value rotation was the last thing big funds thought would happen, Al Gore's firm sold Amazon and Microsoft stock. Here's what it bought.[more]

    Millennium hedge fund ups bet against Bank of Ireland From Independent: US hedge fund Millennium International Management has raised its bet against Bank of Ireland's shares. It comes as Davy says 2020 will be a write-off for banks, with losses across Irish lenders of €4bn. M