Fivemore Racks Up Gains, Readies U.S. Feeder

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ZRICH, Switzerland (HedgeWorld.com) - FiveT Capital, a Switzerland-based alternative investment adviser, on Tuesday [Sept. 18] announced the launch of a U.S.-based feeder fund for its Cayman- domiciled FiveMore Fund. The managers want to open the fund up to eligible U.S. investors after racking up impressive gains since inception in February.

According to data provided by the investment adviser, in just seven months of trading to the end of August, FiveMore earned 47.05%. This far outpaced the Credit Suisse/Tremont Long/Short Equity Index's 7.45% return from the start of the year through August.

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Fivemore Racks Up Gains, Readies U.S. Feeder

The FiveMore fund tries to exploit long- and short-term inefficiencies in the German markets. It seeks out longer-term inefficiencies in the valuations of small- and medium-sized companies, w...

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