Funds of Hedge Funds

New share classes for Stenham global macro


Stenham Asset Management has launched sterling, euro and Swiss franc share classes for the Stenham Trading Fund that was launched in 1993.

Stenham Trading is a diversified global macro FoHF that invests in approximately 12 underlying managers.

Harry Wulfsohn, director and head of institutional business development, said: "Many of the world's best global macro managers with outstanding and long track records have been closed for years. This has now changed and we are able to open Stenham Trading for the first time in over five years."

The fund has outperformed its target of Libor +6% with an annual volatility