Thursday, 23 October 2014
Last updated 4 hours ago
Apr 29 2010 | 1:52pm ET
Asia-focused hedge fund shop Tiburon Partners is the latest to jump on the UCITS III bandwagon.
The London-based firm will launch a UCITS-compliant version of its Tiburon Tiger Fund next month. The vehicle, Tiburon Taurus, will use the same Asia ex-Japan long/short strategy as the Tiger fund, except that the UCITS fund will be barred from some of the illiquid investments in the Tiger fund. It will also feature the same management team, Mark Fleming and Mark Martyrossian.
Tiburon will launch pound Sterling and unhedged sterling share classes on the new fund on the Irish Stock Exchange.
The Taurus fund will charge 2% for management and 20% for performance, with a £10,000 minimum investment.
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 McKitish of Peddie School's 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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...