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New Mutual Fund to Act Like a Hedge Fund

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New Mutual Fund to Act Like a Hedge Fund
Topic: Markets & Investing 11:58 pm EDT, Aug 25, 2002

Main Street investors can now get a taste of living large -- just like the high rollers of the investment world.

At least that's what veteran fund executive Steve Samson says about his new mutual fund that looks and feels like a hedge fund.

During the market's recent 2-1/2-year slump, hedge funds -- those loosely regulated investment pools long reserved for the wealthy -- beat out most other investment vehicles with huge returns.

"We are not promising the world, but we are promising consistent, absolute positive returns over market cycles," says Samson, principal at Alternative Investment Partners LLC in Chappaqua, New York.

New Mutual Fund to Act Like a Hedge Fund



 
 
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