Loeb King Capital Management launches alternative mutual fund
Loeb King Capital Management has launched a multi-strategy mutual fund that will employ a range of hedge fund and alternative strategies.
The Loeb King Alternative Strategies Fund will seek to generate positive absolute returns and income with lower volatility than the global capital markets and other traditional investment strategies. The fund will pursue event-driven alternative investment strategies that have historically been associated with hedge funds.
"We are excited to expand our product base. This vehicle allows us to bring our longstanding expertise in alternative investing to the mutual fund space in an authentic and transparent fashion," says Gideon King, principal and chief investment officer at Loeb King.
The fund begins operation on 27 September and will be available through direct investment and financial advisors.
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