ERAAM launches Pure Alpha.French alternative, multi-management company Eraam has set up the ERAAM Pure Alpha fund which it says is dedicated exclusively to selecting European-based hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" . "This new fund," says Eraam, "dedicated to institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. , is largely inspired from a unique investment strategy, and initially designed by ERAAM for one of the world's leading pension funds. ERAAM said the fund seeks de-correlated and absolute performance, with an objective of eight per cent volatility, maximum. ERAAM Pure Alpha will invest exclusively in European hedge fund managers in order to ensure a better analysis of underlying funds and to take advantage of an increasingly secure regulatory environment. "Funds are selected through a thorough methodology including an important quantitative analysis Quantitative Analysis A security analysis that uses financial information derived from company annual reports and income statements to evaluate an investment decision. Notes: . These funds must respect the most rigorous standards in terms of governance, transparency, and alignment of interest between managers and investors. Particular attention is given to emerging managers," the French fund company said. Pure Alpha was approved by the AMF AMF ACE (Allied Command, Europe) Mobile Force AMF Autorité des Marchés Financiers (French) AMF Action Message Format AMF Arab Monetary Fund AMF Asian Monetary Fund AMF Autocrine Motility Factor in June Legal structure: FCP (Fibre Channel Protocol) See Fibre Channel. FCP - Flat Concurrent Prolog. ["Design and Implementation of Flat Concurrent Prolog", C. Mierowsky, TR CS84-21 Weizmann Inst, Dec 1984]. Aria III Liquidity: Monthly Redemption notice: 35 to 95 days with 10% fees, no fees beyond 95 days Minimum investment: 1,000,000 E / part Management fee: 1% Performance fee: 10% above EONIA with highwater mark 2009 CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch. (2) (Counts Per I Financial. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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