FrontPoint plots five new strategies for its multistrategy fund, kills three
By Suzy Kenly Waite
Wed Feb 17, 2010
Mediocre performance has led FrontPoint to shutter three of the strategies in its $2.6 billion Multistrategy Fund, while prepping five more.
FrontPoint Partners, the $7 billion hedge fund arm of Morgan
Stanley, is planning to launch five new strategies within its
$2.6 billion FrontPoint Multistrategy Fund after having
recently cut three.
The firm is now hiring teams to manage U.S. event-driven,
global statistical arbitrage, direct lending, Australian
long/short and emerging markets macro strategies, according
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.