Laureate BVI Fund Gains in July, up 19.42% year-to-date

Online, August 9, 2010 (Newswire.com) - British Virgin Islands - Laureate BVI Ltd., saw its returns year-to-date outperform the Barron's hedge fund index by investing in asset backed financial instruments.

Laureate BVI's year-to-date returns now stand at 19.42%. The fund is ranked in the upper 1% of the top performing global hedge funds, according to Bloomberg data.

Tasca states, "Based on our balance of risk model, we will maintain our long positions in financial instruments that pay a low double digit return and offer 2-to-1 coverage."

In February, Wall Street sat up and took notice when Laureate BVI launched a retail fund with a €2,500 minimum investment. CEO Peter Tasca says, "We've had huge demand for our retail fund. We've spoken to investors that have lost anywhere from €30,000 to €30,000,000 over the last two years and want a fund that can profit in any market environment." Laureate Trust returned 42 per cent in 2008 amid the global financial crisis with their market neutral strategy and returned 33 per cent in 2009.

Laureate's investment strategies have outperformed 98% of the world's most successful funds over a 3-yr, 5-yr and 10-yr average according to independent data compiled from The Wall Street Journal, Financial Times and Barron's.