The British Virgin Islands-registered Laureate Trust (http://www.laureatetrust.com/), engaged in hedge fund management, showed good results for March 2010, having outperformed the hedge index for a third consecutive month. During March, BVI company’s returns jumped 3.2%.
With year-to-date returns of 5.84%, Laureate Trust is ranked in the upper 10 per cent of the top performing hedge funds worldwide. In 2008, Laureate Trust returned 42 per cent due to its market neutral strategy, and in 2009 it returned 33 per cent.
In February 2010, the BVI trust which only accepts €1 million minimum investment into its funds, launched a retail fund with a €2,500 minimum investment. Trust’s CEO Peter Tasca said in his comments: “We’ve had huge demand for our retail fund. We’ve spoken to investors that have lost anywhere from €30,000 to €30,000,000 over the last two years and want a fund that can profit in any market environment.”
The British Virgin Islands-registered Laureate Trust, engaged in hedge fund management, showed good results for March 2010, having outperformed the hedge index for a third consecutive month. During March, BVI company’s returns jumped 3.2%.
With year-to-date returns of 5.84%, Laureate Trust is ranked in the upper 10 per cent of the top performing hedge funds worldwide. In 2008, Laureate Trust returned 42 per cent due to its market neutral strategy, and in 2009 it returned 33 per cent.
In February 2010, the BVI trust which only accepts €1 million minimum investment into its funds, launched a retail fund with a €2,500 minimum investment. Trust’s CEO Peter Tasca said in his comments: “We’ve had huge demand for our retail fund. We’ve spoken to investors that have lost anywhere from €30,000 to €30,000,000 over the last two years and want a fund that can profit in any market environment.”