FYI: Alternative mutual funds are often billed as packaging “hedge fund strategies” under the ’40 Act fund structure – so who better to manage liquid alternative funds than hedge fund managers? Catalyst Funds has now converted three hedge funds to the liquid alternative format, including the recently launched Catalyst/Stone Beach Income Opportunity Fund (IOXAX). This new fund is a continuation of Catalyst’s strategy of bringing unique, single-manager strategies to the market and is the firm’s 6th product under its “Strategic Income” group of funds.
Regards,
Ted
http://dailyalts.com/catalyst-funds-converts-third-hedge-fund-mutual-fund/
