HFR partners with Oria for Asia product

The Chicago-based fund of funds teams up with Hong Kong''s Oria Capital to launch an Asian note.

Chicago-based HFR Asset Management, which provides customized funds of hedge funds and hedge fund indices to European institutional investors, has partnered with Oria Capital in Hong Kong to launch a principal-protected fund of funds.

The Asia-focused fund, the HFR Oria Asia Principal Protected Note, will be 50% invested in the OriaAsia Fund, and 50% invested in four HFR sub-indices, says Jennifer Carver, CEO at Oria. Barclays Capital will provide eight-year principal protection. This gives European...

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