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Shared Mutual Fund Trust adds Alternative Road Investment Advisers, Belvedere Asset Management, & LJM Funds Management as advisors

Tuesday, December 04, 2012
Opalesque Industry Update: Gemini Fund Services, LLC, an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, is pleased to announce that Alternative Road Investment Advisers, LLC, Belvedere Asset Management, LLC, and LJM Funds Management, Ltd., will advise new alternative mutual funds through Two Roads Shared Trust, a shared mutual fund trust open to new advisers effective November 1, 2012.

Two Roads is designed to help hedge fund managers and other alternative investment managers cost-effectively launch mutual funds by leveraging experienced hedge fund and mutual fund service providers, including Gemini Fund Services and Dechert LLP, legal counsel to the Trust.

“As more advisors continue to recognize the significant role that alternative strategies can play in diversified portfolios, we are pleased to provide them with a cost-effective investment vehicle to deliver these strategies to retail and institutional investors,” said Andrew Rogers, CEO of Gemini. “By launching a mutual fund through Two Roads, advisors can access a full suite of support and resources unique to today’s mutual fund landscape.”

Launching mutual funds through Two Roads provides advisors with operational efficiencies and cost savings that they would not be able to obtain by themselves. Advisors that use the Two Roads’ platform are also provided with distribution support, including introductions to broker/dealers and assistance with their marketing and distribution plans.

“Most hedge fund managers are not aware that shared trusts like Two Roads have greatly lowered the barriers of entry to launching a mutual fund,” said Aisha Hunt, a San Francisco-based Partner in Dechert’s Financial Services Practice. “Lower marketplace barriers, combined with an unprecedented demand for alternative mutual funds has created a historical opportunity for hedge fund managers to raise assets through mutual funds.”

Gemini Fund Services

Press Release

BM

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