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Komfie Manalo, Opalesque Asia:

Wealth management services firm Beacon Trust has cemented its position as one of the top alternative fund families this year in terms of new assets with the successful launch of two new mutual funds, raising approximately $500m in assets.

Erman Civelek, investment strategist, and lead portfolio manager for Beacon's Risk-Controlled Strategies commented, "Offering daily liquid funds was the natural next step in the constant evolution of these two strategies. We have been working diligently to further improve liquidity, tax treatment, diversification and portfolio reporting on PRS and ARS, two of the most popular strategies we use in client portfolios."

Civelek said that the Beacon Planned Return Strategy (PRS) and Beacon Accelerated Return Strategy (ARS), with track records dating back to 2009, were consolidated into two institutional '40 Act Funds on October 2, 2017. These hedged equity strategies are now available as daily liquid mutual funds for Beacon's clients and other institutional investors.

PRS is a hedged equity strategy that seeks capital preservation and capital appreciation with lower volatility than the broader equity markets by following a disciplined and systematic investment process. The returns sought to be generated by the strategy are derived fro......................

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