Fund Management

Latin American Hedge Fund Looks for European HNW Investors

Paul Das 29 November 2005

Latin American Hedge Fund Looks for European HNW Investors

Argentinean-based Copernico Capital Partners have announced the listing of the Copernico Latin America Strategic Fund on the Irish Stock Exc...

Argentinean-based Copernico Capital Partners have announced the listing of the Copernico Latin America Strategic Fund on the Irish Stock Exchange and is looking to attract European high net worth investors to the fund.

The fund provides investors with exposure to a broad range of Latin American financial instruments and uses hedging strategies to maximize returns and reduce the risk to principal or the volatility associated with the region. It employs an event-driven strategy, combined with some elements of momentum.

The fund which is open-ended and domiciled in Cayman offers investors two US dollar denominated share classes: Class B and Class C shares.

The class B shares have had an average annual return of 16.05 per cent with an annualized volatility of 3.78 per cent since inception in October 2003.

Funds under management are presently $193 million.

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