Corporate Broker Appointment
February 09 2007 - 2:01AM
UK Regulatory
RNS Number:9823Q
CMA Global Hedge PCC Ltd
09 February 2007
9 February 2007
CMA Global Hedge - Appointment of Corporate Broker
CMA Global Hedge PCC Limited is pleased to announce the appointment of UBS
Limited as its Corporate Broker, with immediate effect.
- ends -
For further information, please contact:
CMA +1 441 295 5929
Sabby Mionis
Financial Dynamics +44 20 7269 7200
Rob Bailhache
Charles Gorman
UBS Limited +44 20 7568 1000
Joe Winkley
Gavin Woodhouse
About CMA Global Hedge
CMA Global Hedge is a Guernsey, closed-ended, investment protected cell company
established to invest in a portfolio of hedge funds managed by C.M. Advisors
Ltd. ("CMA" or "The Manager").
CMA Global Hedge's investment aims are to deliver superior risk-adjusted returns
by investing in a diversified portfolio of individual hedge funds selected by
the Manager. In particular, the Company aims to apply modest 2x leverage to
invest in an actively managed portfolio of hedge funds across a diversified and
broad, but uncorrelated, range of strategies. The Company will target a net
return of LIBOR1 plus 7 per cent over the long term once leverage is fully
employed.
CMA Global Hedge's three classes of shares are denominated in Euro, US dollar
and Sterling. The shares trade on the London Stock Exchange under the ticker
symbols CMAE, CMAU, CMAS, respectively.
1) The relevant LIBOR rate for each class of shares is the LIBOR rate in the
relevant currency.
About CMA
CMA is a member of the Capital Management Advisors group of companies,
established in 1997 to assist high net-worth individuals, family groups and
institutions in the management of their financial assets. CMA specialises in the
selection of both traditional and alternative investment managers. CMA manages
approximately US$2.4 billion in institutional and private client assets.
In 2006, CMA became a subsidiary of EFG International, a global private banking
group offering private banking and asset management services, headquartered in
Zurich.
The information contained herein does not constitute an offer to sell, exchange
or transfer any securities of CMA Global Hedge and is not soliciting an offer
to purchase, exchange or transfer such securities in any jurisdiction where the
offer, sale, exchange or transfer is not permitted or to any person or entity to
whom it is unlawful to make that offer, sale, exchange or transfer. The
prospectus published on 30 June 2006 in connection with the IPO contains
further details of the selling restrictions in such jurisdictions. This
announcement is not an offer of securities for sale in the United States. The
shares discussed herein have not been and will not be registered under the
United State Securities Act of 1933, as amended (the "Securities Act") or with
any securities regulatory authority of any state or other jurisdiction of the
United States and may not be offered or sold in the United States, or to, or for
the account or benefit of, US Persons (as such terms are defined in Regulation
S under the Securities Act) absent registration or an exemption from
registration. No public offering of the securities discussed herein is being
made in the United States. This announcement is not for distribution in or
into the United States.
UBS Limited is acting for the Company and no one else in connection with the
contents of this announcement, and will not be responsible to anyone other than
the Company for providing the protections afforded to its clients nor for
providing advice in connection with the contents of this announcement or any
matters referred to herein. No representation or warranty is made by UBS
Limited as to the accuracy or completeness of the information contained in this
announcement and no liability will be accepted for any loss arising from its
use.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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