Wednesday, 1 October 2014
Last updated 9 hours ago
Jan 29 2007 | 11:01am ET
Hedge fund manager Man Investments today launched a capital guaranteed product based on its MGS Access portfolio.
The fund, Man MGS Access Series 2, will be offered in two bond classes, both targeting a moderate level of 8-10% annualized volatility. The USD bonds will aim for annualized returns of 13-16% and the EUR bonds will target annualized returns of 11-14%.
Only managers that are highly-rated by Man Global Strategies will be considered for inclusion in the portfolio, which is comprised of about 15 hedge funds. MGS has negotiated favorable terms with these managers, several of which are closed to new investors. These terms include increased levels of reporting, flexibility to adjust the amount of money invested with the manager, and bespoke managed accounts.
“The quality of the managers in the Access portfolio and the high level of transparency that we have into their daily operations gives us the confidence to offer such a concentrated and dynamic portfolio,” said Antoine Massad, chief executive of Man Investments Middle East. “This has allowed the structuring experts at MGS to develop a product that offers the potential for strong capital growth and diversification with the security of a capital guarantee.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...