Stenham Asset Management recently launched a global macro fund of hedge funds called Stenham Helix.
The fund aims to invest in similar types of macro managers to its flagship macro fund of hedge funds, the Stenham Trading. However, the new fund portfolio offers monthly liquidity with 35 days’ notice.
The fund will invest in around 15 managers with a target return of Libor +5% to 6% and low volatility. The minimum investment is US$ 25,000 (€19,653) with no lock up period and it is available in sterling, euro and dollar.
Stenham has over US$ 1.1 billion invested in global macro hedge funds and in November it had US$ 2.7 billion invested in hedge fund strategies overall.
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