Laureate BVI outperforms the hedge fund index for a third consecutive month.
Online PR News – 18-April-2010 – – March was good to the investors of British Virgin Islands - Laureate BVI Fund, which saw its returns jump 3.2% during the month.
Laureate BVI Fund’s year-to-date returns now stand at 5.84%. The fund is ranked in the upper 10% of the top performing global hedge funds, according to Bloomberg data.
In February, Wall Street sat up and took notice when Laureate BVI which only accepted €1 million minimum investment into its funds, launched a retail fund with a €2,500 minimum investment. CEO Peter Tasca says, “We’ve had huge demand for our retail fund. We’ve spoken to investors that have lost anywhere from €30,000 to €30,000,000 over the last two years and want a fund that can profit in any market environment.” Laureate BVI Fund returned 42 per cent in 2008 amid the global financial crisis with their market neutral strategy and returned 33 per cent in 2009.
Laureate BVI investment strategies have outperformed 98% of the world's most successful funds over a 3-yr, 5-yr and 10-yr average according to independent data compiled from The Wall Street Journal, Financial Times and Barron's.