CPR focuses on single strategy

CPR Alternative Asset Management is seeking Bank of Ireland regulatory approval for three single strategy funds for a launch set for autumn.

The Paris-based alternative asset management arm of Credit Agricole Indosuez aims to offer fixed income arbitrage, statistical arbitrage and global macro funds. It hopes all will be launched within the next two to three months, and has been running money in the strategies as managed accounts before launching them as funds.

An emerging market's fixed income ar