Momentum tech fund

Momentum has launched a fund of hedge funds focusing on technology investing. The Meteor fund aims to profit from global technology and communications. Michael Goldman, managing director of Momentum, said: "The fund will be more aggressive in approach than our Allweather range and will be diversified, covering a number of geographical regions, sectors and styles. "We are not in the habit of setting up high-volatility vehicles, but this has been launched in response to demand from investors." In regional terms, there will be exposure to the US, Europe, Asia and to emerging markets such ...