In Germany, FERI Alternative Assets launched its first hedge fund index product targeted at high net worth individuals and institutional investors on 1 January.
ARIX, the Absolute Return Investable Index, comprises: ARIX Equity Hedge Euro Index; ARIX Relative Value Euro Index; and ARIX Event Driven Euro Index. Each will contain 10 hedge funds which have received the best ratings by FERI analysts.
The product is tax free for German private investors after a 12-month holding period.
The week on Risk.net, July 14–20, 2017Receive this by email