.jpg){kind=avatar}
AlphaClone has raised $2.25m in Series A financing, led by fintech focused venture firm Operative Capital. AlphaClone enables users to access alpha generating stock ideas and investment strategies. The financing continues the momentum of a remarkable period of growth for the firm that saw advised assets grow fourfold to over $200m in the past year.
Designed to adjust automatically based on pre-set rules, AlphaClone’s investment strategies seek to give investors the potential to outperform the broader market by accessing the investment ideas of the world’s most established hedge funds, while simultaneously hedging against protracted market downturns. AlphaClone’s flag ship index strategy, the AlphaClone Hedge Fund Long/Short Index, has returned an average of 18.36% per year vs 14.31% for the S&P 500 Total Return Index over the 3 year period ended 8/31/2015
https://www.pehub.com/2015/09/alphaclone-pulls-in-2-25-mln-series-a/
unknownx500
