Tax-News.Com Archive

Sponsored by: PEARSE TRUST
Independent advice on corporate and trust structures

ARCHIVE ROOT | TODAY'S NEWS | LOWTAX

LJH And Attica Launch Hedge Index Certificate
Investors Offshore, London

28 January 2003

LJH Global Investments, the US hedge fund advisory firm, and Attica Asset Management have announced the issuance of the Attica/LJH Conservative Hedge Index Certificate, which will be issued by German private bank Sal. Oppenheim jr. & Cie. KGaA. The new German certificate will be available to European institutional investors and high net worth individuals and will be based on the Attica-LJH Conservative Hedge Index, which consists of 16 hedge funds combining market neutral, equity hedge, arbitrage and fixed income strategies. The minimum investment is $50,000.

The issue follows an agreement between LJH Global Investments and Attica last March to form a joint venture to develop a fund of hedge funds product line. The alliance aims to provide European institutional investors and high net worth individuals with access to a tailored group of funds under the Attica-LJH umbrella.

"Investors are increasingly relying on hedge funds as core components of a well-diversified portfolio. As the prospect of lower returns for equity markets over the next few years limits investor options, broader-based fund of hedge fund products are ideal for investors who seek exposure to hedge fund investing,” said LJH President James R. Hedges, IV.

“This is a complementary relationship where LJH provides our robust hedge fund manager selection process in combination with Attica’s hedge fund skills and product range,” said LJH Global Investments-Europe Managing Director Ronald M. Neumunz.

“LJH and Attica believe that combining our activities will create a unique vehicle to meet the growing demands for new hedge fund products in the European marketplace," said Attica Portfolio Management Chief Executive Officer Robert van Maasdijk.

Attica Portfolio Management has offices in London, Amsterdam and Zurich to serve predominately institutional investment clients. Attica has two divisions, Attica Asset Management Limited, which focuses on Multi-Manager Long Only, and Attica Portfolio Management Limited, which focuses on Manager Hedge Fund products.

LJH Global Investments, LLC was founded in 1992 by James R. Hedges, IV to manage private assets, and has rapidly developed into a leading industry specialist in hedge fund investment consulting and advisory services. LJH has advised numerous private investors, financial institutions, and registered investment advisers on the development of fund of hedge funds strategies.

LJH Global Investments Limited, a wholly owned subsidiary of LJH Global Investments, LLC, opened last year in London to serve the European marketplace.

.

 


IMPORTANT NOTICE: THE LOWTAX NETWORK has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright THE LOWTAX NETWORK 1999 to 2009. Contact us for further information.