{"id":2499,"date":"2004-04-21T00:00:00","date_gmt":"2004-04-21T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"goodbody-set-launch-new-hedge-fund","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/04\/2004\/goodbody-set-launch-new-hedge-fund.html","title":{"rendered":"Goodbody Set to Launch a New Hedge Fund"},"content":{"rendered":"<p>WEST PALM BEACH, FL (HEDGECO.NET) &#8211; Goodbody investments is preparing to launch a new hedge fund; such move follows the purchase of Davy, a Focus hedge fund management company. According to thereport, Focus now manages funds, which Davy is selling to its private clients.<\/p>\n<p>  Investors continue to seek hedge fund instruments that can provide them with results non- correlated with the equity markets. The minimum investment requirement for the new fund is about $300,000,  fee structure was not immediately provided.<\/p>\n<p>  With this purchase, Goodbody plans to dedicate itself to managing relatively conservative hedge fund instruments, which can provide an annual return of about 8-10 percent employing low levels of  volatility in the range of about 3-4% according to published reports. Goodbody is currently seeking approval from regulators for the new hedge fund.<\/p>\n<p>  Many European alternative investment managers still think regulatory obstacles are hindering hedge fund growth in Europe. A new study conducted by Datamonitor found that about 39% of European  wealth managers think regulatory problems hinder hedge fund investment in Europe.<\/p>\n<p>  According to the survey, the hedge fund investment market in Europe is currently about US$71 billion strong. Lifting regulatory obstacles will mean a more aggressive construction of alternative  investment portfolios throughout Europe.<\/p>\n<p>  Paul Oranika<br \/>  Editor-in-Chief<br \/>  HedgeCo.Net<br \/>  Email: Editor@hedgeco.net<\/p>\n<p>  HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<\/p>\n<p>  <strong>Be sure to check out our sister sites. www.hedgefundlounge.com, www.hedgefundtools.com,<\/strong> and coming soon <strong>www.hedgefundemployment.com.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WEST PALM BEACH, FL (HEDGECO.NET) &#8211; Goodbody investments is preparing to launch a new hedge fund; such move follows the purchase of Davy, a Focus hedge fund management company. According to thereport, Focus now manages funds, which Davy is selling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2499","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=2499"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2499\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=2499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=2499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=2499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}