TriAlpha launches corporate bond fund

TriAlpha Investment Advisors is launching a corporate bond fund, targeting 6% to 8% return per annum...

TriAlpha Investment Advisors is launching a corporate bond fund, targeting 6% to 8% return per annum. The Jersey-domiciled vehicle can invest across the corporate bond spectrum and aims for less than 4% annual volatility. It will be run on an absolute return basis, looking to maximize risk adjusted returns and hopes to launch with between US$80m and $100m. Fund manager Steve O'Hanlon says: "Current market conditions have thrown up numerous opportunities within the credit markets. "Through in-depth credit research, we have been able to identify cash rich, well financed corporations w...