Aston Hill Asset Management launches fund

Aston Hill Asset Management Inc. has launched the Aston Hill High Income Fund, which will be managed by Aston Hill’s CIO, Ben Cheng.

With the use of liquid alternative strategies – including the use of options and shorting, within regulatory limitations – Cheng aims to provide downside protection and generate additional income.

The fund has no restrictions on asset class or geography, allowing Cheng to pursue yield opportunities through a variety of securities including, but not limited to, equities, preferred shares, high yield bonds, REITs, investment grade fixed income, floating rate debt, convertible securities and asset-backed or mortgage-backed securities.

This story originally appeared on the site of our sister publication Advisor.