Wednesday, 22 October 2014
Last updated 13 hours ago
Mar 5 2010 | 2:50pm ET
Moscow-based hedge fund firm Pharos Financial Group is doing very well in its home base.
The firm’s Russia Fund is up 7.3% this year, just in time for Pharos to be named the best hedge fund manager at Terrapinn’s fourth annual Middle East hedge fund awards on Sunday. Of course, success is nothing new for the Pharos fund, which has been the best-performing Russian hedge fund over the past 13 years and has annualized returns of 26.1% since 2000.
Pharos’ long/short fund is currently long-biased, as the firm has a positive outlook on Russian stocks.
Pharos was founded by American Peter Halloran in 1997, and opened an office in Dubai in 2008.
The Terrapinn award is based on historical track record, downside protection, 2009 performance and marketing in the Middle East.
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…
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