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Rothschilds offers fund of market neutral funds

Rothschilds takes a historic step away from its traditional multi-manager structure with focused product

The private bank of Edmond de Rothschild is to launch a fund of market neutral hedge funds in the autumn focused on just four or five underlying holdings.

Franck Payrar, deputy first vice-president and global investment strategist at Luxembourg-based Banque Privée Edmond de Rothschild Luxembourg, said the fund of funds, to be called Horizon Serenity, would have no minimum initial subscription

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