Helsinki-based OP Wealth Management’s R2 Crystal Fund invests in 10-15 different hedge funds across a wide range of strategies. Jussi Kärävä, Head of Fund Selection, told us more about its ongoing success.
OP Financial Group is Finland’s largest financial ser¬vices group. It provides its customers with diversified range of banking, investment and insurance services. R2 Crystal Fund is managed by OP Wealth Man¬agement which is one of the Group’s three business segments. R2 Crystal Fund is a fund of hedge funds with net assets of approximately EUR160m and cu¬mulative returns since inception in January 2006 of 89% (7.30% p.a.) and annualised volatility of 5.90%.