Olympia Launches Half-Index, Half-Fund Of Funds Product

Mar 19 2010 | 10:18am ET

Fund of hedge funds shop Olympia Capital Management has launched a new vehicle that is part fund of funds, part hedge fund index.

The Olympia Dynamic Fund will invest half of its assets like a of fund of funds, picking between five and 10 managers to manage accounts for it. But the other half of its assets will be placed with a hedge fund tracker, making it much more liquid than a normal fund of funds.

“Investors were unhappy that in 2008 some funds of funds were not dynamic enough and not fast enough in cutting risk,” Guido Bollinger, chief investment officer, told Financial News.

The $3 billion firm will choose among global macro, managed futures, event-driven, credit and equity long/short hedge funds for its managed accounts portfolio, depending on the market environment. It will also be able to short the hedge fund index, as well as going long, depending on market conditions.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.