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Invesdex simulates fund of hedge funds vehicle with limited liability

New product allows lower costs, greater transparency and liquidity custom built to customers' needs

Bermuda-based boutique Invesdex has launched a vehicle it claims will emulate the diversification and absolute return strategies of a fund of hedge funds but with lower cost, greater transparency and liquidity.

MarketPlus Separately Managed Contracts (M+SMCs) allows investors to allocate assets among a number of professionally managed contracts.

Invesdex works with each investor to select the

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