HFA fund closes
HFA Holdings’ latest investment offering, the HFA Octane Asia Fund, has closed after more than doubling its subscription target.
Since opening in April, the fund has raised more than $270 million from investors, providing a total investment pool for unitholders of $390 million.
The fund is a capital-protected, leveraged absolute return fund and is managed by HFA Asset Management.
Its success brings HFA’s total funds under management to about $1.55 billion and assets under management to $2.61 billion.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.
