UK and European investors offered hedging facility

UK and European investors will soon be able to hedge their currency exposure to fund of hedge fund manager Fortis Investment Advisors through sterling and euro share classes. The $50m Fortis Investment Fund is a fund of hedge funds that has returned 47.74% net of fees since inception in January 1999 and 8.31% (estimated) in 2001. The new share classes will be available from 1 April 2002. The fund is managed by ex-hedge fund managers Mo Zayan and Andy Davisson who previously worked together