Noncorrelated fund of funds manager Steben & Co. is on the lookout for additional managers, particularly those that can deliver performance when other hedge fund strategies fail.
Well-known managed futures fund of funds looks for additional "crisis alpha"
The traditional managed futures CTA fund of funds is looking to further diversify their portfolio, BloombergBrief Hedge Funds reported in their May 10 issue. Steben & Co., which has been offering a managed futures fund of fund products to institutional investors and financial advisors since 1989, is looking for two CTAs in its flagship $650 million fund of funds and could add three managers to its smaller equity-focused fund.
John Dolfin, Steben’s chief...
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