Castlestone offers absolute return

Castlestone Management has launched Porcupine Absolute Return fund, offering retail investors direct access to the firm’s Porcupine Global Macro Plus hedge fund for the first time.

The hedge fund is run by Angus Murray, Castlestone’s founder and joint chief executive.

Porcupine Absolute Return was launched with a dollar share class and a minimum investment of $10,000 (£7,000). The annual charge is 1% and there is no performance fee.