Plain sailing as the GMI ship fund makes some pieces of (very non-correlated) eight

If you're looking for non-correlated pieces of eight, to the tune of 31% on volatility of about 4%, then M2M's freight hedge fund, Global Maritime Investments (GMI), may have just the tonic.

GMI launched on 5 October 2006, well beat its target returns of 20% by 31 August, breached the $100m assets under management mark in less than 10 months and has a variety of existing and committed future investors. Standing at $111m in mid-September, a large commitment from a large institutional investor

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