HedgeCoVest Continues To Build An Impressive Roster of Leading Hedge Fund Managers
HedgeCoVest continues to attract some of the largest managers in the industry to its real time hedge fund replication platform. $21bn fund manager Fred Alger Management is the newest firm to join the HedgeCoVest roster as it prepares to open its site to investors this week.
HedgeCoVest’s revolutionary allocation tool, the Replicazor, mirrors the portfolio and trading strategies of hedge funds directly into an investor’s brokerage account. Part of HedgeCo Networks, the Florida based firm offers investors the chance to allocate to portfolios from a wide range of hedge fund products provided by managers.
“We are thrilled to announce the launch of the HedgeCoVest platform,” says Evan Rapoport, CEO/Founder of HedgeCoVest. “For the first time, investors of all sizes can invest with hedge fund managers in a secure, transparent, cost effective and liquid structure.”
Industry stalwart Fred Alger Management – joins the likes of $10bn Cornerstone Capital, The Boston Company ($50bn) and London-based Gems Advisors, with over $2bn in assets in offering strategies on the platform.
“We are pleased to offer investors access to premium managers like Fred Alger Management,” Rapoport said. “Over 60 hedge fund models are signed to participate, and the response from fund managers and investors is amazing.”