Salus Alpha’s latest product, Salus Alpha RN Special Situations, is registered for public distribution in Germany.
Since the launch on 22 March the fund raised USD25m from new investors.
The fund was up 3.14 per cent after its first month and has a year-to-date performance of 2.85 per cent.
The fund exploits opportunities in special situations, such as merger and acquisitions opportunities, changes in capital structure, management changes, share buy backs, director's dealings, IPOs or capital increases, index changes or profit surprises. »