Friday, 27 November 2015
Last updated 15 min ago
Mar 5 2007 | 1:46pm ET
Thales Fund Management, a New York-based registered investment advisor with $2 billion in assets under management, has launched the Leros Fund – a quantitatively managed 130/30 strategy.
The Leros Fund is modeled to maintain 100% net exposure to large & mid-cap U.S. equities with an optimized market-neutral long-short overlay, according to the firm. This overlay can vary between 130/30 and 160/60 depending on the market environment.
"Our alternative variable overlay approach takes the 130/30 investment strategy one step further, allowing us to better adapt to constantly changing stock market conditions," said
Marek Fludzinski, Thales founder and portfolio manager for the Leros Fund.
"With our considerable expertise in quantitative modeling, short selling and controlling portfolio volatility, we are confident that this fund will stand out from the crowd of new entrants into this strategy."
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…