Asset management firm, Orinda Asset Management, has unveiled a new mutual fund. The Orinda Multi-Manager Hedged Equity Fund seeks long-term capital appreciation with focus on risk-adjusted returns and reduced volatility compared to traditional broad-based equity market indices.

The vehicle will allocate its assets among a group of hedged equity managers, who employ various long/short equity investment strategies. Institutional multi-manager hedge fund advisory firm, SkyView Investment Advisors, is the lead sub-adviser to the fund.

Click here for the release from PR Newswire.