Arden Alternative Strategies
Arden Investment Series Trust is a family of registered open-end mutual funds advised by Arden Asset Management LLC, a firm that has specialized in allocating client capital to hedge funds since 1993.
Our mutual fund initiative, launched in 2012, builds on our expertise in creating and managing attractive multi-manager hedge fund portfolios. We seek to create investment programs that produce capital growth with relatively low sensitivity to movements in the equity and fixed-income markets. Our investment committee allocates fund assets to a group of hedge fund managers using our proprietary manager selection, portfolio construction, and monitoring/risk management practices. This multi-manager structure offers diversification, while our long-standing relationships with experienced hedge fund managers give us access to a wide variety of investment strategies.
Our first fund, Arden Alternative Strategies Fund (AASF), is currently available exclusively to account holders in Fidelity’s Portfolio Advisory Services and now has over $1 billion in assets. Arden is pleased that Morningstar* took the unusual step of initiating research on our flagship fund within 9 months of its launch.
On February 3, 2014, Arden launched a similar fund, Arden Alternative Strategies II, available in multiple share classes through registered investment professionals, retirement plans, certain broker-dealer programs, self-directed accounts and direct purchases, making our multi-manager portfolios available to all investors.
*Reference to Morningstar, or the fact that Morningstar initiated research on AASF, does not indicate or imply any characterization or assessment of AASF’s quality or performance.