Lake Shore adds protection to futures strategy
The Chicago-based exchange-traded futures fund manager is preparing a Far East strategy as well.
Lake Shore Asset Management, a specialist manager of exchange-traded futures contracts, has secured partial principal protection for its US-focused strategy through Nomura Securities. The Chicago-based manager is now marketing the strategy with the principal-protected note to potential clients in the Asia-Pacific region through NewHaven Capital, a Hong Kong-based alternative-investment specialist.
The first note closes on May 1, postponed by a month due to strong demand out of Japan and other locations, says NewHaven Chairman David Humphreys. A...
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