Macquarie Unveils Two New Hedge Fund Offerings

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.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.