Dexion Trading - April 2008

Originally the fund of hedge funds (FoHF) was expected to invest around 80% of its assets in directional trading strategies and the rest in relative value strategies. Initially the FoHF focused on areas of alternative investment where alpha was not yet widely extracted by hedge funds, with the company expected to invest in a diversified portfolio of hedge funds capable of exploiting opportunities in developing asset classes and/or sectors including energy and emissions, commodities, emerging ma