MutualFundWire.com: This Consultant Wants to Help Hedge Fundsters Win Mutual Fund Biz
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Thursday, July 18, 2013

This Consultant Wants to Help Hedge Fundsters Win Mutual Fund Biz


Blackstone is one of many alternative asset managers that have decided to branch out into mutual funds and take advantage of investors looking to access new strategies and diversify their portfolios. Hedge fund consultant Cordium has launched an offering that will assist hedge funds looking to move into the mutual fund space by helping them operate under the Rule 38a-1 compliance program, FIN Alternatives writes.

Cordium US CEO Bill Mulligan said to FIN Alternatives in a statement, "Hedge fund advisers are looking to offer alternative mutual funds as investors seek access to innovative strategies that offer diversification to their portfolios."

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