Funds of Hedge Funds

LGT fund reaches $100m milestone


The UCITS share class of the LGT Capital Partners' Crown Managed Futures program has surpassed the $100 million mark

At 28 February 2011 the UCITS version of program had assets under management of $118 million.

Thomas Weber (R) and the LGT managed futures team Roger Hilty and George Coplit (centre) receiving their InvestHedge Award

Crown Managed Futures, originally launched in October 2000, is one of the world's oldest CTA/macro multi-manager managed account programs. Since inception it has generated an annual net return of more than 9%.

The UCITS milestone coincides with LGT winning the best managed futures award the eighth