Bestinvest says
In January 2003 Thames River recruited Ken Kinsey-Quick to assume responsibility for all their fund of hedge fund portfolios. His macro economic calls will be guided partly by his own in house research and also feedback from managers in the hedge fund market. Compared to other fund of funds in this market class the portfolio is relatively concentrated, Kinsey-Quick preferring to focus on his high conviction ideas. Usually there will be one representative fund per strategy unless that strategy is overweight in the portfolio. Generally turnover of the fund is anticipated to be higher than his Sentinel (non directional) fund to reflect the broader macro picture.
This product is a more aggressive, directional fund of hedge funds. Strategies may include Long/Short equity, event driven, distressed securities, convertible securities, debt, systematic trading and macro strategies. The portfolio targets a return in excess of the World MSCI over the investment cycle, combined with a lower level of absolute risk, this is anticipated to be less than 10% standard deviation with no losing 12 months. In line with the more aggressive nature of the portfolio there is an emphasis on top down strategy allocations identified by Kinsey-Quick. His macro economic calls will be guided partly by his own in house research and also feedback from managers in the hedge fund market. Compared to other fund of funds in this market class the portfolio is relatively concentrated, Kinsey-Quick preferring to focus on his high conviction ideas. Usually there will be one representative fund per strategy unless that strategy is overweight in the portfolio. Generally turnover of the fund is anticipated to be higher than his Sentinel (non directional) fund to reflect the broader macro picture. The fund is Dublin listed, and available in £, $ and € (hedged). Dealing is offered on a monthly basis and there is a hedging policy in relation to the Class B and Class C Participating Shares