Monday, 1 September 2014
Last updated 3 days ago
Jan 19 2007 | 5:33am ET
Attention hedge fund managers! Another hedge fund of funds has officially joined the billion-dollar club. U.K.-based FIM Advisers’s flagship low-volatility fund of funds, FIM Long-Invest, has broken $1 billion in assets as of Dec. 31, 2006.
The fund had a “very positive” 2006 despite difficult market conditions during the middle part of the year, according to the firm, which said that since inception 10 years ago, the fund has achieved 88% “up” months and only 17 “down” months.
Federico Ceretti, CEO, said, “10 years ago, when FIM Long-Invest was launched, we were convinced that the low volatility investment approach was the best way to optimize returns on a risk-adjusted basis. Today this belief has not changed, and we feel that FIM’s low volatility investment philosophy will continue to be highly rewarding for investors”.
FIM, which was established in 1981, specializes in the creation, management and servicing of portfolios of hedge funds for institutional and private clients. Today, the group manages and advises on some $2.6 billion of investments.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...