|
|
November 27, 2024 -Wednesday |
|
|
|
|
|
|
START-UP HEDGE FUND HAS UNIQUE MODEL
Monday 04/05/2020
AsiaNet 83889
PERTH, WA, Australia, May 4, 2020, Medianet International-AsiaNet/-- A new hedge fund is about to be launched, offering sophisticated and institutional investors what is believed to be a unique product.
NN2 Capital specifically designs strategies that have close to zero correlation to equities. The aim of the fund is to provide investors with real diversification while delivering good returns in both rising and falling equity markets.
The fund is owned and run by two industry veterans, Nam Nguyen PhD and Gary Norden.
“We use both qualitative and quantitative methods to design and test our strategies,” said Nguyen
“We are not just data mining looking for good trades, we specifically design trades to have around zero correlation to equities,” he said.
“We have been pleased that YTD in 2020, not only have all of our trades been profitable but their correlations to equities have been stable, exactly as we designed,” said Norden.
“Some fund managers suffered when correlations changed during the recent sell-off but our trades all functioned as we had expected,” Norden said.
“This should provide investors with confidence in our ability to keep them diversified at the times when it really matters,” said Nguyen.
“Diversification is essential for investors to reduce risk and smooth out P+L. We have demonstrated our ability to offer that, in all markets conditions,” Nguyen said
Applications for investors will open shortly More information at www.nnsquared.com
Investment managers Harbourfront Technologies (Canada) and Organic Financial Group (Australia)
For more information call Gary Norden on +61-(0)417-935396 or email gary@organicfinancialgroup.com
SOURCE: Organic Financial Group
--BERNAMA |
|
|
|
|
|
|