OppenheimerFunds will test the appetite of retail investors for hedge funds. The firm’s two new products, the Oppenheimer Tremont Market Neutral Fund and the Oppenheimer Tremont Opportunity Fund, are multi-manager hedge funds geared toward retail investors.

The two funds in the Oppenheimer Tremont Hedge Fund Series are designed and managed by Tremont Partners, the subsidiary Oppenheimer acquired last summer, and will be distributed through Oppenheimer’s distribution unit.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.