Regal Investment Fund
Alternative investment manager Regal Funds Management has launched a listed investment trust - called the Regal Investment Fund (RF1) - which provides investors exposure to a selection of alternative investment strategies.
These strategies include a market neutral strategy, a global alpha strategy, an Australian small companies strategy and an Australian long short equity strategy. All strategies have been previously employed by the manager in other non-listed funds.
Regal raised over $281 million in its initial public offer for the fund. Regal’s chief investment officer, Phil King, said of the IPO at the time, “we are delighted with this outcome and honoured to be working with a new group of investors. We believe that managing money is truly a great priviledge and and we look forward to a long and successful partnership”.