August 11, 2006

New Hedge Fund Launched

Resolution Hexam Eastern Europe, Middle East and Africa Absolute Return Fund, the first hedge fund in the markets boutique of Resolution Asset Management, was launched last week. This portfolio is registered in Dublin, Ireland, and will be managed by Marina Akopian who was lured away from Baring Asset Management. The boutique, Hexam Capital Partners, has planned the launch of three more offshore funds, including a global resources long/short fund, within the next couple of months. Reuters Italy reports:

Other members of the Hexam team are Grant Shotter and Wilfred Willwong, Bryan Collings, John Payne and Stuart Richards. "We are determined to continue broadening the range and diversity of funds offered through our village of joint venture boutiques," said Jonathan Polin, sales and marketing director at Resolution Asset Management.

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