Tuesday, 23 September 2014
Last updated 6 hours ago
Mar 9 2010 | 3:38am ET
Old Mutual Asset Managers will launch an on-shore version of its British mid-cap hedge fund in May.
The Old Mutual UK Specialist Absolute Return Fund will use the same strategy as Old Mutual’s UK Specialist Equity fund. It will be domiciled in Dublin.
“Absolute return funds are an increasingly important part of the investment universe as investors look to diversify their portfolios and increase exposure to non-correlated assets,” Matthew Nagele, group managing director for distribution, said. “The launch of the fund will enable a broader audience to take advantage of OMAM's absolute return investment expertise within the mid and small-cap area of the U.K. equity market.”
The new fund will be managed by Luke Kerr, who heads Old Mutual’s UCITS III-compliant UK Dynamic Equity.
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 McKitich, CIO of Petty 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…
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.