Chicago-based HFR Asset Management, which provides customized funds of hedge funds and hedge fund indices to European institutional investors, has partnered with Oria Capital in Hong Kong to launch a principal-protected fund of funds.
The Asia-focused fund, the HFR Oria Asia Principal Protected Note, will be 50% invested in the OriaAsia Fund, and 50% invested in four HFR sub-indices, says Jennifer Carver, CEO at Oria. Barclays Capital will provide eight-year principal protection. This gives European institutions the safety of a global fund of funds with the performance of Asian exposure, and gives our Asian investors a global diversification, she explains.
Oria and Barclays are marketing the...
