Moonraker Fund is a new investment management firm based in London. Moonraker specialises in the management of hedge funds of funds and wishes to attract high net worth and institutional investors. On 1 June 2008, the firm launched the Moonraker Commodities Fund, a commodities fund of funds, offering exposure to exchange-traded and non-exchange traded commodities. The fund will be invested in approximately 25 managers and will aim to beat commodities indices with half the volatility. Simultaneously, Moonraker launched the Global Opportunities Fund, a thematic hedge fund of funds globally diversified across approximately 30 managers. This fund will aim to produce returns of 12-17% per annum with an 8-10% volatility range. The manager will select the themes he believes will be the most profitable on the long and short side, and will select managers best positioned to express those themes. In a nutshell, it is a fund of specialist hedge funds.
