Ermitage heads for Nordic institutions

Nordic institutions are taking a serious look at hedge funds as an alternative to traditional investments in the current poor market environment.

Liberty Ermitage has linked up with Intervalor to distribute its fund of hedge fund products to institutions in Sweden, Denmark, Norway, Finland and Iceland in. Justin Lawson, an associate director of Liberty Ermitage UK, said: 'We are firmly of the opinion that this is an area where institutions are ready to move from bonds and equity markets into a