First Quadrant plans to roll out The Premier Fund, a hedge fund combining its domestic and international market-neutral and long-short strategies into an in-house fund of funds, said Robert D. Arnott, president and CEO. The fund will combine the firm’s global futures, global currencies and global tactical options long-short strategies, as well as its international and domestic market-neutral strategies, using an optimizer to reduce risk, Mr. Arnott said.
Mr. Arnott said he hopes the new fund, which will use leverage, will top off around $1 billion.
