Wednesday, 23 July 2014
Last updated 4 hours ago
Feb 20 2007 | 1:30pm ET
Macquarie Funds Management SPC, a Caymans-based segregated portfolio company, last month launched two new hedge fund offerings, the Macquarie Asia Pacific Long/Short Segregated Portfolio and the Macquarie Dividend Velocity.
Macquarie Asia is a quantitatively driven long/short fund investing in the Asian pacific region, including Japan, and aims to maintain a market exposure of between 30-70%. The Macquarie Dividend velocity fund is a low-beta event driven fund, which also invests in the Asia pacific region.
“Our investment process systematically exploits opportunities across the Asia-Pac region using a broad range of quantitative, model-based strategies,” Scot Thompson, an equities product manager, told FINalternatives. “We seek alpha through our stock selection models while the portfolio's market exposure, or beta, is managed through our quantitative beta-tilt model.”
Thompson added that the final portfolio is constructed in the firm’s “proprietary optimizer,” and has a “strong emphasis on minimizing transaction costs, managing liquidity constraints, and ensuring a diversified set of long and short positions.”
Both funds charge fees of 1.8% for management and 20% for performance, with a $1 million minimum investment requirement.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…