Omega Debuts Uncorrelated FoF

July 02, 2009  


Omega Asset Management, the $700 million London fund of funds shop that is an offshoot of a Madrid family office, has rolled out the Turaco Purest Alpha Fund, a portfolio of 25 hedge funds that seeks to be entirely uncorrelated.

--Robert MurrayOmega Asset Management, the $700 million London fund of funds shop that is an offshoot of a Madrid family office, has rolled out the Turaco Purest Alpha Fund, a portfolio of 25 hedge funds that seeks to be entirely uncorrelated. “It’s doing what every fund of hedge funds should be doing, which is to add value and not just be a random collection of hedge fund investments,” said CIO...

This article was originally published in Alternative Investment News.

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