Permal offers hedge funds in Singapore dollars
Four of PermalÆs funds of hedge funds will offer a Singapore dollar-denominated share class in an attempt to meet the demand from investors who have a positive view on Asian currencies.
Fund of hedge funds giant Permal will offer a new Singapore dollar share class for four of its funds, accompanying similar versions denominated in US dollars, sterling, yen and euros.The four funds consist of three absolute return funds: Permal Fixed Income, Permal FX Financial Futures, Permal Long/Short Global Equity; and the directional fund Permal Investment Holdings. The new classification should be handy for Singapore-based clients who do not want US dollar exposure. A key driver…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.