Richmond brings together the relevant investment management skills and capabilities of Warren Couillault and the Spencer Family Group. Both are long-standing, respected and experienced participants in financial markets. We strongly believe that the risk and return attributes of select hedge funds enhance long-term capital growth. Top hedge fund managers can be experts at minimising down-side risk in their portfolios, while exploiting opportunities to make positive gains in pursuing their particular investment strategies. Investing with a selection of managers across a number of these strategies can produce well-diversified returns with a low correlation to traditional equity and fixed-interest investments. This is what we aim to achieve with the Richmond International Fund. www.richmond.co.nz