ISA to launch Asia fund of hedge funds

Paul Warren hired to manage Asia portfolio.

In preparation for the formal launch of its multi-strategy Asia ex-Japan fund of hedge funds, Investor Select Advisors has hired ex-Putnam CIO Paul Warren. Based in London, Warren will be the lead portfolio manager for ISA's upcoming Asian fund and will also have responsibility for researching Asian hedge funds based in Europe and the United States.

ISA has been incubating its Asia ex-Japan fund of hedge funds ISA First Light Fund with its own proprietary capital since July 2002. Nick Bullman, ISA's chairman, says demand for an Asian fund of hedge funds has primarily come from European investors looking to enjoy the upside potential in Asia without worrying about the volatility....

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