New fund in HFA Octane series
HFA Asset Management is offering investors access to Asian, European and US equity markets with the security of capital protection by providing leveraged exposure to a global long/short absolute return fund.
Octane Global is being launched this week, and will provide access to up to 20 specialist managers via the underlying Lighthouse Investment Partners Global Long Short Fund, as well regional equity market exposure through Index Outperformance Call Options.
No-equity access is also available through a finance arrangement with UBS AG (Australia).
The funds are designed for investors seeking capital protected exposure to high-growth investments and will benefit self-funded retirees looking for internal leverage and potential tax deductibility leading up to June 30.
This is the fourth offering from HFA in its Octane series, with the most recent, the HFA Octane Asia Fund, raising more than $280 million from investors.
Octane Global has received ‘recommended’ and ‘investment grade’ ratings from Lonsec and Standard & Poor’s respectively.
Recommended for you
A former Sydney investment manager has pleaded guilty to two counts of insider trading regarding a potential takeover of Platinum Asset Management, having acquired $2.6 million of Platinum shares.
As the firm enters a new growth phase, Orbis Investments managing director Jason Ciccolallo has said it is looking to strengthen relationships with retail advisers to align with the firm’s institutional reputation.
The former director of United Global Capital has received a decision from the Administrative Review Tribunal regarding an appeal of his 10-year ban from providing financial services.
AMP-owned North has announced a senior manager appointment as the platform explores growth opportunities in its addressable adviser market.