LONDON, November 24 /PRNewswire/ -- Financial Risk Management ('FRM'), a global fund of hedge funds group with offices in Europe, Asia, North America and Australia, today announced that it has launched FRM Principia, a new approach to serving distribution partners and their client base of sophisticated high net worth investors and smaller institutions.

FRM Principia represents a new generation of fund of hedge fund products that aim to set the highest standards in the distribution marketplace, backed by FRM's renowned institutional expertise and its rigorous, institutional quality investment process.

In the distribution marketplace FRM Principia products will set new standards in areas including:

    - Transparency: detailed monthly reports will give investors
      class-leading levels of transparency and insight into the drivers
      of returns

    - Monthly or better liquidity: and strict measures to help deliver
      promised liquidity

    - New product range: compelling new portfolios constructed to benefit
      from recent events

    - No performance fees: no performance fees will be charged by FRM on
      Principia products

Blaine Tomlinson, Founder and Chairman of FRM said:

"We are very pleased to launch FRM Principia to serve our distribution partners worldwide. While FRM's investor base is mainly institutional, we have a number of relationships with financial institutions that distribute our products to their sophisticated clients. Principia is a new way to serve these important relationships and develop new ones. Importantly, it gives investors more choice in products that match their liquidity needs and investment horizons, creating greater alignment amongst clients in portfolios."

Marc Fisher, Head of FRM Principia, said:

"FRM Principia products represent a fresh perspective and a considered approach to serving distribution partners and their clients. We have applied FRM's longstanding expertise in the institutional marketplace and customised the approach to be fully responsive to today's distributor and private client needs. The results are products that set class-leading standards in critical areas such as liquidity, transparency and performance."

On a regular basis, FRM will develop and launch products for distribution partners and their clients under the Principia brand.

Financial Risk Management (FRM):

FRM is a global fund of hedge funds group managing approximately $9 billion for institutional and other sophisticated investors. Founded in 1991, FRM has offices in London, New York, Tokyo, Hong Kong, Guernsey, Seoul and Sydney. Additional information on FRM can be found at www.frmhedge.com.

Media inquiries:

Roland Cross or Sally Moore, Broadgate, +44(0)207-726-6111