UK - HSBC Republic Investments is launching two new global hedge funds aimed at reducing volatility and raising performance for investors in world stock markets.
The two global long/short products – HSBC Alpha Advant-Edge Fund and HSBC Leveraged Alpha AdvantEdge Limited – are being launched on February 27.
Both vehicles are aimed at investors looking to benefit from global stockpicking opportunities with a portfolio of equity long/short funds.
The products will have a two-year fixed life and offer monthly redemptions with the flexibility to manage a holding or withdraw investment as required.
Minimum investment will be $50,000 (£35,000) and the fund will periodically be rebalanced to allow allocations held within it to take advantage of changing market conditions.
The leveraged strategy – a Guernsey-regulated open-ended OEIC – will offer up to twice the participation in the returns of the fund.
HSBC RI chief executive Paul Dunning said: “The underlying skills-based managers, such as long/short equity managers, are expected to find attractive investment opportunities in the current market environment.
“The HSBC Alpha Advant-Edge vehicles offer excellent flexibility, both in the investment strategy and the monthly redemption facility.”
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