Barclays Capital and Signet Capital Management launched a bond in October linked to the performance of Signet Global Hedge Fund, a fund of hedge funds. The bond provides investors direct access to a fund of hedge funds in a bond format and pays an annual variable coupon to investors. It also offers 90% repayment of the initial capital investment. Signet Global hedge fund is managed by Signet Capital Management and it invests in 30 underlying hedge funds.
The bond is aimed at private wealth ma