An Austrian hedge fund firm that has had success at home in amassing assets while requiring as little as an $1,800 investment says it plans to offer U.S. investors a hedge fund within two months that would require putting up just $5,000.

Two executives of U.S. banks that sell hedge funds, and require six-figure minimum investments, scoffed at Quadriga Asset Management’s plan. "Hedge funds are made for wealthy investors," one of them said. "The Securities and Exchange Commission dictates that."

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