Friday, 28 November 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...