Sunday, 21 September 2014
Last updated 1 day ago
Apr 19 2010 | 1:06pm ET
Hilltop Fund Management has launched a fund of hedge funds designed to be a rock in an investor’s portfolio.
The new All Weather Fund is an absolute return vehicle, focusing on fund selection rather than asset allocation. The Gibraltar-domiciled vehicle will include about 15 underlying managers, diversified by both geography and investment approach.
A top-down methodology “places too much emphasis on trying to predict which strategies might do well in the short term and not enough on trying to find talented managers who can perform well in all environments,” Hilltop founder and fund manager Rory Hills said.
Hills set up Hilltop In London after leaving Dexion Capital, where he was a marketing director, last year.
The fund features a three-year high-watermark and a progressive hurdle rate which can increase over time.
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.