What's New In Investments, Funds? - Knights Of Columbus

Editorial Staff

17 December 2019

Knights of Columbus
Knights of Columbus Asset Advisors has launched a long/short equity hedge fund designed to reflect values of the Catholic faith. The investment house is a subsidiary of Knights of Columbus, a US-based fraternal services organization representing several million members.

The investment house has rolled out the Catholic Investor Long/Short Equity Fund as part of a suite of eight fixed income and equity strategies.

The fund is, the organization said, the “only Catholic long/short mutual fund in the world, aimed at satisfying the needs of investors who appreciate ethical values-based investing”. The fund adheres to the investing principles outlined by the United States Conference of Catholic Bishops.

To some extent the fund reflects a trend of investments designed to fit with ethical ideas, as seen also in areas such as Shariah finance , or ESG investing .

The fund is based on an investment strategy that was launched in 2014. L2 Asset Management will serve as the sub-advisor on the fund.

KoCAA is a New Haven-based asset management and investment firm, with more than $25 billion under management.