Hong Kong-based fund of hedge funds manager Charles Schmitt Associates CSA has launched the CSA Absolute Return Fund Dublin Ltd, a mirror version of its flagship CSA Absolute Return Fund, targeted at the requirements of European and Japanese investors.
The new fund of hedge funds is listed in Dublin and has share classes denominated in US dollars, euros, pounds and yen. All non-US dollar classes are fully hedged. CSA initially acquired the Bahamas-registered, Dublin-listed fund at the end of last year. The fund has now been restructured to invest in seven different strategies, in line with the asset allocation of the CSA Absolute Return Fund.
We've been getting increasing interest from...