Wednesday, 27 August 2014
Last updated 1 hour ago
Feb 2 2007 | 12:04pm ET
U.K.-based Axiom Alternative Fund, the fund of funds shop founded in 2002 by Mohammed Syed as a joint venture with Habibsons, is moving this month into the single-manager hedge fund space with the launch of the Axiom Market Neutral Fund.
Axiom’s investment team has been trading the same quant-driven, systematic strategy since 1992, focusing on market-neutral, relative-value trading of the most liquid large-cap stocks in the developed markets—with a diversified portfolio that is hedged in terms of sectors, markets and currencies, according to the firm. The strategy is aimed at investors seeking a low-volatility, market-neutral product.
The new fund is managed by Athanasios Pittaras, who had previously worked for Syed at the Sanwa Group (now Mitsubishi-UFJ) as head of equity derivatives trading, after joining from Daiwa Europe, where he headed equity proprietary trading.
The Cayman Islands-registered fund, which is listed on the Irish Stock Exchange and is available in euro, U.S. dollar and pound Sterling share classes, charges a 2% management fee and 20% performance fee, with a minimum investment requirement of $100,000, €100,000 or £100,000.
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 ...