Van Eck Global has launched the Van Eck Multi-Manager Alternatives Fund, a mutual fund designed to give investors exposure to a variety of investment strategies, including absolute-return and hedge style strategies.

The financial crisis has made it increasingly clear that a well-allocated portfolio should include exposure to alternative strategies, including open-end funds, closed-end funds and exchange-traded funds, said Harvey Hirsch, senior vice president of marketing at Van Eck. The fund can also employ arbitrage and directional long/short strategies.

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