RENO, NV, March 16, 2010 /24-7PressRelease/ -- Ascentia Capital Partners, LLC (ACP) announces that Delaware-based DuPont Capital Management (DCM) will begin managing an International/Emerging Markets strategy in the Alternative Strategies Mutual Fund.
"We are delighted to have DuPont Capital Management as a part of the Alternative Strategies Mutual Fund. They bring an experienced management team and a complementary strategy to the other alternative investment strategies currently employed by the Fund. We believe the addition of DCP clearly enhances the institutional quality of the Fund, which seeks to provide attractive risk-adjusted returns and low correlation to broad domestic markets," stated Stephen D. McCarty, Managing Partner, Ascentia Capital Partners.
Brendan P. Naughton, Principal, Marketing & Client Services, DuPont Capital Management, said, "DuPont Capital Management is pleased with the opportunity to partner with Ascentia Capital Partners. We believe the Alternative Strategies Mutual Fund is well positioned in this market environment and the Fund provides both advisors and investors a valuable tool to broaden portfolio diversification."
For more information about the Alternative Strategies Mutual Fund (AASFX), please visit www.AscentiaFunds.com
For more information about DuPont Capital Management (DCM), please visit www.DuPontCapital.com
About Ascentia Capital and the Alternative Strategies Mutual Funds
Ascentia Capital Partners, LLC, is an independent, privately-owned, registered investment advisor specializing in global asset management of alternative investments. Ascentia provides innovative alternative investment strategies that are designed to enhance returns, provide diversification, and reduce volatility. The Alternative Strategies Mutual Fund is a Multi-Manager, Multi-Strategy investment vehicle that offers the diversification benefits of alternative investments together with the convenient shareholder features of a mutual fund. The Fund was developed to enable consultants and investors the opportunity to benefit from a diversified mix of alternative investment strategies and asset classes. The Alternative Strategies Mutual Fund's objective is long-term capital appreciation with low correlation to broad market indices. For further information, please contact Aimee Elizabeth McCarty at 775.828.4200 x 13
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