Administration March 12, 2002
ACE Launches New Sub-Funds
December 3, 2002 (PLANSPONSOR.com) - Alternative Capital Enhancement (ACE) has launched three new single-strategy sub-funds of hedge funds.
Reported by Eric Hazard
The new sub-funds will allow alternative investors to build their own multi-strategy portfolio by combining the new compartments:
- ACE Multi-Arbitrage – focusing on arbitrage and relative value strategies
- ACE Long-Short – focusing on a variety of long and short equity strategies
- ACE Macro – investing in Macro hedge fund strategies and CTA’s (Commodity Trading Advisors/Managed Futures)
Alternative investors can go to ACE’s Web site www.ace-funds.com to utilize a simulation tool that assesses risk return profiles resulting from the different weightings of the ACE sub-fund strategies.
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