Funds of Hedge Funds

Dexion Alpha reorganises, gains commodity focus


Dexion Alpha Strategies has hit $78 million in assets under management and therefore it has been decided that it will not have to be wound down following a recent reorganisation. The investment policy for the portfolio will now be refocused as a multi-manager, multi-strategy portfolio of commodities themed hedge funds to be managed on a day to day basis by Man Investments. To reflect the change in investment policy, the name will be changed to Dexion Commodities.

Robin Bowie, chairman of Dexion Capital, said: "Dexion Commodities will enable investors to access hedge funds trading in environmental and commodities