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Forsyth Partners Launches Diversified Hedge Fund Offering
by Philip Morton, Investors Offshore.com

10 December 2003

Financial services group Forsyth Partners this week announced the launch of its new Leveraged Diversified Fund, which will invest across a range of hedge fund strategies and managers.

The fund is designed to target long-term capital growth via an actively managed portfolio of around 150 hedge funds, which have been chosen for their ability to perform independently of each other, and for the wide variety of alternative investment strategies employed.

Speaking on the launch of the new fund, investment director for Forsyth Partners, Rossen Djounov explained that:

"The additional leverage provides us with greater diversification and consequently a reduction of manager specific risk. We can also secure better bargaining capacity and improved dealing terms with the underlying managers."

The minimum investment is $20,000 (or the equivalent in sterling, euros, or Norwegian Kronor), and the launch period ends on December 19.

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