Absolute Return Partners Announces Fund Of Hedge Funds
In a move which the traditional investor may find difficult to get their heads around, Absolute Return Partners of the UK has today announced the launch of a Fund of Hedge Funds – in essence an investment fund which will invest across a range of hedge funds. So what is it all about?
While many people are scared off by the term hedge fund, they can offer a useful tool for those a little more knowledgeable about the market. They do not all take multi-million gambles on the price of gold or oil with many looking to secure investments in asset backed sectors which offer limited downside.
The Absolute Return Partners fund will invest across a range of hedge funds with exposure to what are commonly known as ‘distressed’ companies as well as more secure, asset backed investments. They hope to be able to strike a balance and position the fund to benefit from the eventual upturn in the UK economy, whenever that may be.
As with any investment it is vital that advice is taken to ensure you appreciate the risks and the investment fits in with you own personal financial objectives.
Share this..
Related stories
Part of Northern Rock to be sold in 2009
In a move which is effectively "robbing Peter to pay Paul" the UK government is looking at plans to sell off parts of the Northern Rock to raise around £2 billion for the budget coffers. Despite the fact that literally billions upon billions of pounds are still owed by Northern Rock, to the UK taxpayer, the UK government is desperate to raise as much funding as possible in the short to medium ter...
Read MoreIs Alistair Darling listening to the UK car industry?
The Chancellor the Exchequer, Alistair Darling, will next week reveal his pre-budget report which will be the last major chance the UK government has to influence UK taxpayers before the general election. While taxpayers and voters will be top of the agenda for Alistair Darling and the Labour government, the car industry is again calling for more help and an extension of the car scrappage scheme....
Read MoreBudget Headlines : £1 billion to fight climate change
£1 billion to fight climate change...
Read MoreAbbey: Give up smoking for a financial boost
Regular smokers spend around £170 on the habit each month, new analysis from Abbey has shown.According to the firm, giving up cigarettes can therefore be of significant benefit to personal finances - as well as to health.By quitting, around £2,000 can be generated in a top-rated savings account after just 12 months, Abbey claimed.The research found that a 20-per day smoker can also derive benefi...
Read MoreFood Prices to rise as Weather Worsens
Research from Oxfam has revealed that extreme weather conditions caused by climate change are likely to raise food prices, as crop yields across the world are damaged. It is claimed by the charity that the implications climate change is having on the future of food prices is being widely underestimated, and has warned that worldwide communities are likely to become more vulnerable to events suc...
Read More