Friday, 26 December 2014
Last updated 1 day ago
Feb 22 2010 | 12:18pm ET
BlackRock, the largest money-manager in the world, will launch an Asian corporate bond fund next month.
The BlackRock Asian Credit Hedge Fund will trade corporate bonds and options, Bloomberg News reports, with an equity-market hedge. And it will not limit itself to the highest-rated company debt, buying both investment grade and high-yield securities.
The new fund will be managed by Neeraj Seth, head of Asian corporate credit at New York-based BlackRock. Seth, who is based in Singapore, came to BlackRock with the rest of fixed-income hedge fund ship R3 Capital Management, which BlackRock bought last year.
BlackRock’s new fund is one of a small but growing number of Asian fixed-income funds. Currently, such funds account for just 2% of Asia’s hedge funds.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.