Wittenham launches Mena Plus Fund
Several long-only funds investing in the Middle East and Africa have been launched in Asia in recent weeks; this fund is luring investors with the promise of less volatility and more downside protection.
Wittenham Investment Management has launched a fund of funds that invests mainly in the Middle East and Africa (Mena) region.The Wittenham Mena Plus Fund is a fund of funds that invests in a diversified portfolio of hedged and non-benchmarked managers who focus on the frontier markets of the Middle East, Sub-Sahara and North Africa, as well as the former Soviet markets. The fund, which will initially focus on the Gulf region, is advised by WittenhamÆs parent, Singapore-based hedge fun…
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